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WisdomTree acquires Boost ETP

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Exchange-traded fund sponsor and asset manager WisdomTree Investments has expanded its European footprint with the acquisition of Boost ETP, a UK-based exchange-traded product (ETP) provider.

WisdomTree will start its build-out of a local European platform to offer a select range of UCITS ETFs under the WisdomTree brand and continue to manage and grow the Boost line up of short and leveraged fully collateralised ETPs under the Boost brand.
 
“We are excited to deepen and expand our offerings as the world’s eighth largest ETF sponsor and look forward to serving the European market,” says WisdomTree CEO and president Jonathan Steinberg (pictured). 
 
Hector McNeil and Nik Bienkowski, founders of Boost and veterans of Europe’s ETF industry, will serve as co-CEOs of WisdomTree Europe. 
 
“We look forward to continuing to grow the Boost ETP family under WisdomTree and we are pleased to lead the platform for WisdomTree’s European ETF plans,” says McNeil.

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