Tue, May 17, 2022
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

VanEck to acquire Think ETF Asset to further expand its product offerings in Europe

Tuesday, January 23, 2018

Komfie Manalo, Opalesque Asia:

VanEck , the global asset manager with $46bn in assets under management, is acquiring the Dutch ETF issuer, Think ETF Asset Management B.V., bringing the number of VanEck-sponsored UCITS-ETFs available in Europe to 20 from the previous 6.

Under the deal, Think's senior management will retain a minor stake in the company, with the rest to be owned by VanEck. Think signed the share purchase agreement on Friday with the prior owners of Think-BinckBank N.V., Flow Traders N.V., and the senior management of the firm.

"ETFs have seen significant uptake from the investment community in Europe over the past several years, and there are events on the horizon that appear likely to spur an even greater migration of assets to the ETF structure in European markets. As this unfolds, we are very excited to bring the Think team and their innovative product offerings into the VanEck fold," said Jan van Eck, CEO of VanEck. "We are pleased to add Think's ETF offerings, together with its knowledge and experience, as we continue to build on our efforts in Europe."

Berkshire Capital advised the selling shareholders on this transaction. The acquisition is expected to be completed later this year, pending approval by the relevant supervisory authorities, this acquisition is expected to be completed later this year.

"In the Netherlands, as elsewhere in Europe, private and institution......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Long/short equity hedge fund with bear market experience has a winning quarter[more]

    B. G., Opalesque Geneva: Experience during a Russian bear market lasting five years enabled Christian Putz to identify certain investment patterns in the market which he now applies to his current investment strategy. London-based ARR Inv

  2. Schroders acquires European renewable infrastructure manager Greencoat Capital[more]

    Laxman Pai, Opalesque Asia: British multinational asset management company Schroders has completed the acquisition of a 75% shareholding in Greencoat Capital, one of Europe's largest investment managers dedicated to the high-growth renewable infrastructure market. The remaining 25% is owned by Gr

  3. Opalesque Exclusive: Global equity manager focuses on symbiotic value chains[more]

    B. G., Opalesque Geneva: A global equity manager has made a point of focusing on the phenomenon of shrinking supply chains and avoiding zero-sum business models. London-based Tollymore Investment Partners is a private partnersh

  4. Satori Capital intros energy transition fund, a long/short equity strategy[more]

    Laxman Pai, Opalesque Asia: Dallas-based alternatives manager founded on the principles of conscious capitalism, Satori Capital has launched Satori Environmental, a long/short equity strategy that primarily invests in securities impacted by the global energy sector's shift from fossil-based s

  5. The Big Picture: With the war, E, S, and G have collectively moved back to the fore[more]

    B. G., Opalesque Geneva: In this interview, Dr. Patrick Welton, founder and CIO of Welton Investment Partners, offers his observations on the major macro themes expected to affect the comm