Global X ETFs

Global X ETFs is a New York-based provider of global exchange-traded funds. Founded in 2008, it has approximately $21 billion in managed assets, across more than 70 different products.[1] The ETF issuer and manager [2] is widely known for its Thematic Growth, Income and International product suites, in addition to its Core, Commodities and Alpha strategies. In July 2018, the company was acquired by Mirae Asset Global Investments.

Global X ETFs
TypePrivate company
IndustryInvestment management
FoundedNew York, NY, U.S. (2008)
HeadquartersNew York, NY, U.S.
ProductsExchange-traded funds (ETFs)
AUM~$21 billion (January 2021)
Websitewww.globalxetfs.com


History

Global X was established in 2008 and brought to market its first ETF in February 2009. The firm focused on previously unexplored ETF strategies in the subsequent years, launching a range of first-to-market single-country ETFs and commodity funds. In 2011, the firm introduced its first global dividend product, a strategy which it has subsequently adapted to U.S. equities, preferreds, REITs, emerging markets, alternatives, and most recently, EAFE equities.

Global X was also an early proponent of thematic investing, launching its first thematic ETF in 2010, targeting companies that offered exposure to the lithium cycle. The firm has since launched a range of additional strategies providing access to emerging themes in areas of technology, people and demographics, and U.S. infrastructure.

Global X was acquired by Mirae Asset Global Investments on July 2018 for $488 million.[3][4][5][6]


Research & Insights

In early 2016, the firm began expanding the scope of its published research, which spans the emergence of disruptive technologies, to the impact of geopolitics on developing economies, and the drivers impacting income-oriented investments.

References
  1. "ETF League Table As Of January 5, 2021 | ETF.com". www.etf.com. Retrieved 2021-01-11.
  2. Funds marketed under the Global X ETFs brand are managed by Global X Funds. Global X Management Company LLC is a separate legal entity that serves as an advisor to the Funds.
  3. Funds, Global X. "Mirae Asset Expands ETF Business with Completion of Global X Acquisition". www.prnewswire.com. Retrieved 2019-10-01.
  4. "Mirae completes acquisition of Global X". ETF Strategy. 2018-07-02. Retrieved 2019-10-01.
  5. Herald, The Korea (2018-08-28). "Mirae Asset secures foothold in overseas ETF business". www.koreaherald.com. Retrieved 2019-10-01.
  6. Vlastelica, Ryan. "Mirae to buy Global X, sponsor of popular robotics ETF". MarketWatch. Retrieved 2019-10-01.
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