HANetf reaches USD750m AUM milestone

HANetf, Europe’s first ‘white label’ ETF issuer, has exceeded USD750 million as of 6 November 2020.

This AUM milestone represents yet another achievement for the HANetf platform, which has increased its assets by over 1000 per cent since the beginning of the year. 

Hector McNeil, Co-CEO of HANetf, says: “The success of HANetf’s growth this year has largely been due to developing innovative new products to markets that are capturing the interest and imagination of European investors.  Our new funds this year have included a landmark gold ETC with The Royal Mint, the only gold ETC in Europe to custody gold at a Sovereign Mint and not at a bank, the world’s first central counterparty cleared, exchange traded Bitcoin product, and a host of modern thematic ETFs that include medical cannabis, which is Europe’s first cannabis related ETF, Europe’s first 5G and digital infrastructure, North American midstream energy and the World’s first Shariah compliant global equity active ETF.  

HANetf has also recently hired Anil Sood as Head of Customer Acquisition.  Reporting to co-CEO Hector McNeil, Anil’s remit will be increasing the range of partners and ETFs on HANetf white label platform. Sood has extensive experience of ETFs with previous roles as Head of ETF Sales at Cantor Fitzgerald and Director of ETF Sales at Knight Capital Group.

McNeil says: “We are delighted to welcome Anil to HANetf. The appetite for ETFs grows stronger every day as investors are placing higher value on products that offer great exposures with the added benefits of cost-effectiveness and liquidity. This, in turn, is drawing more asset managers into the ETF space and they seek to tap into the immensely effective distribution power of ETFs. Anil’s experience in growing ETF businesses will be an important component of developing exciting products for European investors.”