ETFs
Global X ETFs Surpass $50 Billion in U.S. Assets Under Management
NEW YORK, July 10, 2024 /PRNewswire/ — Global X ETFs, the New York-based provider of exchange-traded funds (ETFs), today announced that the company has surpassed $50 billion in assets under management (AUM) in the United States.[i] This milestone reflects the company’s rapid rise as a leading global ETF provider, having grown to $10 billion in assets under management when the company was acquired by Mirae Asset Global Investments in July 2018. [ii] As of July 8, AUM has increased by more than $6 billion year-to-date, one of its best performances in Global X’s 15-year history. [iii]
Since launching its first ETF in 2009, Global X has grown and established its expertise in thematic growth and income strategies, reflecting investor interest in these strategies. Global X has expanded its diversified product lineup to offer over 90 ETFs across multiple categories, including international, core and commodity funds. Product offerings include themes such as artificial intelligence and evolving infrastructure needs, as well as strategies that seek to generate income, including covered call options and access to high dividend stocks. Global X now has fourteen ETFs with over $1 billion in assets. [iv]covering thematic growth, income and commodities strategies.[v]
“Global X has grown from a challenger to an industry leader, driven by our highly innovative product suite and the support of Mirae Asset in recognizing Global X as its flagship ETF brand,” said Ryan O’Connor, CEO of Global X ETFs. “We have now entered a new era of innovation-driven growth, and I am honored to play a leading role in this exciting and transformative period for the company.”
CEO Ryan O’Connor added, “We have an incredible team at Global X with a strong talent pool and deep industry knowledge. This team is building the infrastructure needed to take our expansion to the next level, to $100 billion in assets and beyond. To achieve this growth, we remain focused on delivering new and innovative solutions to our clients to help them achieve their investment objectives.”
“When I joined Global X as a research analyst in 2010, the company was a new entrant in the ETF space with $1 billion in assets across eleven funds,” said Alex Ashby, Chief Operating Officer of Global X ETFs. “Today, we have surpassed $50 billion in assets across 93 funds. It has been incredibly rewarding to watch our team reach new heights, while prioritizing innovation and collaboration.”
About Global X ETFs
Global X ETFs was founded in 2008. For over fifteen years, our mission has been to provide investors with unexplored and intelligent solutions. Our product suite includes a broad range of ETF strategies and over $50 billion in assets under management.[vi] While we are known for our thematic growth, income, and international access ETFs, we also offer core and commodity funds to meet a wide range of investment objectives. Explore our ETFs, research and insights, and more at www.globalxetfs.com.
Global X is a member of Mirae Asset Financial Group, a global leader in financial services, with over $600 billion in assets under management in 19 countries around the world.[vii] Mirae Asset has an extensive global ETF platform spanning the United States, Australia, Brazil, Canada, Colombia, Europe, Hong Kong, India, Japan, Korea and Vietnam with over $119 billion in assets under management.[viii]
United States Media Contact
Ariel Kouvaras
Sloane & Company
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Important Disclosures
Investing involves risks, including possible loss of principal.
Before investing, carefully consider the investment objectives, risks, charges and expenses of the funds. This and other information is available in the funds’ full or summary prospectuses, available at globalxetfs.com. Please read the prospectus carefully before investing.
[i] Global X, as of 07/09/2024
[ii] Active Mirae, July 2018 https://www.prnewswire.com/news-releases/mirae-asset-expands-its-etf-business-with-the-finalization-of-the-acquisition-of-global-x-300675339.html
[iii] Global X data marks second highest inflow pace ever recorded based on inflows as of 07/08/2024
[iv] Global X, as of 07/09/2024 https://www.globalxetfs.com/explore/
[v] Global X, as of 07/09/2024 https://www.globalxetfs.com/explore/
[vi] Global X, as of 07/09/2024
[vii] Mirae Asset, as of March 2024 https://www.am.miraeasset.com/about-us/
[viii] Mirae Asset, as of March 2024 https://www.am.miraeasset.com/fonds-negocies-en-bourse/
SOURCE Global X LLC Management Company