ETF Securities explained

ETF Securities
Type:Private Limited
Industry:Investment management
Products:Exchange-traded funds

ETF Securities is an asset management firm that issues exchange-traded funds (ETFs) primarily in Australia.

History

The company was founded by Australian businessman and philanthropist Graham Tuckwell.[1]

The company worked with the World Gold Council on the development of the first gold ETF in 2003 and collaborated on the listing of Gold Bullion Securities on the London Stock Exchange in March 2004.[2]

In 2003, the company listed the first physically-backed gold exchange-traded commodity (ETC) on the Australian Stock Exchange.[3]

In 2005, the company created Europe's first petroleum ETF and in 2006 established the world's first commodities ETF platform, making 19 commodities and 10 commodity indices available on the London Stock Exchange and other European exchanges.[4]

In 2008, the company listed the first carbon ETF on the London Stock Exchange.[5]

By November 2012, the company had $30 billion in assets under management.[6]

On 8 February 2013, the company was selected by Charles Schwab Corporation as the sole provider of its precious metal ETFs.[7]

In March 2013, the company listed currency-hedged physical gold investment products on the London Stock Exchange and the Deutsche Börse.[8] [9] [10]

In August 2013, the company began offering the world's first gold exchange-traded product (ETP) to allow physical redemption by retail and institutional investors.[11]

In May 2014, the company partnered with E Fund Management (Hong Kong) Co., Limited to launch Europe's first ETF to track the MSCI China A Index, which gives foreign investors exposure to hard-to-invest-in A-shares.[12]

In January 2015, the company launched two smart beta ETFs on the NYSE in partnership with ERI Scientific Beta, which attempt to use ERI Scientific Beta's stock selection process to produce higher risk-adjusted returns.[13]

In April 2015, the company partnered with Bank Lombard Odier & Co to offer bond ETFs listed on the London Stock Exchange.[14]

On 26 May 2015, the company formed a joint venture with Australia and New Zealand Banking Group to offer six new ETFs on the Australian Stock Exchange.[15]

In September 2008, the company launched ETF Exchange, a trading platform in Europe.[16]

The company launched an exchange-traded currencies software platform in November 2009.

In April 2018, WisdomTree Investments acquired the company's European business[17] and Standard Life Aberdeen acquired the company's U.S. business.[18]

Notes and References

  1. News: Precious Metals ETPs Shining In '17 . JEFF . SCHLEGEL . . 14 February 2017.
  2. News: ETF Securities sole provider of precious metal ETFs for Schwab ETF OneSource . ETF Express . 11 February 2013.
  3. News: Smith . Simon . 6 August 2012 . ETF Strategy . European Investors pile into physically-backed gold ETFs.
  4. News: ETF Securities capitalises on commodities . Dickson . Claire . 21 April 2011 . Risk.net.
  5. News: ETF Securities to list Europe's first carbon exchange –traded commodity product . Wealth Adviser . 30 October 2008.
  6. News: Smith . Simon . Product Innovation and commodities demand drive growth at ETF Securities . ETF Strategy . 19 December 2012.
  7. News: Coleman . Murray . . Schwab Ups Stakes in Commission-Free ETF Wars . 7 February 2013 . subscription.
  8. News: ETF Securities Offers Currency Hedge on Gold Products . Rebecca . Hampson . ETF.com . 19 March 2013.
  9. News: ETF Securities launches sterling and euro-hedged physical gold ETC . International Investment . 20 March 2013.
  10. News: ETFS currency hedged gold products . Portfolio Adviser . 20 March 2013.
  11. News: ETF Securities partners with The Royal Mint . Smith . Simon . ETF Strategy . 26 August 2013.
  12. News: Invest in domestic chinese stocks with ETFS-E Fund MSCI China A GO UCITS . Next Finance . January 2015.
  13. News: ETF Securities Launches Two "Diversified-Factor" ETFs (SBUS, SBEU) . Daniela Pylypczak- . Wasylyszyn . ETFdb.com . 29 January 2015.
  14. News: Lombard Odier Investment Managers and ETF Securities join forces to offer fundamental fixed income exchange traded funds . Next Finance . April 2015.
  15. News: ANZ and ETF Securities launch joint venture with six ASX listed exchange traded funds . . 26 May 2015.
  16. Web site: Response to the European Commission's Consultation Document – "Undertakings for Collective Investment in Transferable Securities (UCITS): Product Rules, Liquidity Management, Depositary, Money Market Funds and Long Term Investments" . . 18 October 2012.
  17. WisdomTree Completes Acquisition of ETF Securities' European Exchange-Traded Commodity, Currency and Short-and-Leveraged Business . . 12 April 2018.
  18. News: Aberdeen Acquires ETF Securities' U.S. Business . JEFF . SCHLEGEL . . 27 April 2018.