Fri, Apr 19, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Industry Updates

NewAlpha and Aviva invest EUR 2.5m in ETF analysis platform

Monday, October 17, 2016
Opalesque Industry Update - TrackInsight SAS received two new investments in its capital from the FinTech fund managed by New Alpha Asset Management and the insurance company, Aviva France of a total of EUR 2.5m. TrackInsight has now raised over EUR 4 million in development funding.

TrackInsight, a leading platform for ETF analysis and selection, offers its customers enhanced transparency on the performance of the main ETFs listed in Europe. On its exchange traded fund (ETF) analysis platform (www.trackinsight.com) professional investors use to optimise their selection of exchange traded products. The solution provides advanced analysis software, so that investors can independently compare the replication quality delivered by the leading investment vehicles, coupled with a simple and transparent rating system that has been unanimously approved by the industry.

TrackInsight says its solution is a natural addition to the toolbox of portfolio management, asset allocation and fund selection teams, providing fluid access to reliable and independent data. It enables a structuring of the analytic process and helps enhance the management and compliance of investment decisions.

The EUR 2.5 million invested by NewAlpha Asset Management and Aviva France gives the company the resources to develop in the European institutional investor market and to prepare for roll-out in the USA and Asia. Jean-René Giraud, co-founder and CEO of TrackInsight said he “appreciates the confidence shown by NewAlpha and Aviva France, which will allow us to position TrackInsight as an essential player at the heart of the ETF revolution”.

The EFT market is growing at an annual rate of 20% making it the most dynamic segment in the asset management industry. With more than 4,500 products to choose from, it is already worth USD 3,000 billion, 15% of the world’s total collective investment AUM. ETFs are also the investment vehicles most used by robo-advisers. TrackInsight is now established as European leader in ETF selection with more than 3,500 professional users.

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1