Bringing you live news and features since 2006 

VanEck buys majority stake in Think ETFs

RELATED TOPICS​

BinckBank (60 per cent), Flow Traders (24 per cent) and Think ETFs’ management (16 per cent) have sold their stakes in Think ETF Asset Management to VanEck Associates Corporation. The result is that VanEck will own almost all of Think ETFs, with its management retaining a small stake.

Vincent Germyns, CEO of BinckBank says: “From our perspective Think ETF’s has done a great job in realising a breakthrough on ETFs for Dutch retail investors. Their first class ETF-products have been awarded many times and are regarded as ‘best in class’. They are highly valued by our customers and therefore Think ETF’s remains a preferred issuer for BinckBank. However, to take advantage of the next growth phase we think Think ETFs is better positioned being part of a global partner in order to obtain the scale needed for tomorrows financial environment. We thank the management of Think ET’s for their tremendous efforts and are convinced they will be able to flourish under VanEck.”
 
Dennis Dijkstra, co-CEO of Flow Traders, says: “We are pleased to see that with this transaction, Think ETFs will have a solid platform to propel their proposition to a wider audience and can find the support it needs to further grow their business. Flow Traders is proud to have been part of the development of Think ETFs to where it is today. Management of Think ET’s has done a great job and will now guide the company into a new phase. With its network and knowledge, Van Eck will be able to support Think ETFs’ development to become an even more complete ETF platform for investors. Flow Traders will remain committed to Think ETF’s as a leading liquidity provider in their products.”
Think ETFs’ management says that it has committed itself to the strategy of VanEck and is confident about the increased growth potential.

Latest News

BlackRock’s global ETP flows report for June finds a steady rise with USD128.1 billion added to global ETPs in June,..
Morningstar’s global ETF flows report for the first half of 2024 shows that actively managed ETFs have captured 25 per..
The surge in bitcoin ETF launches and funds flowing into the sector is transforming institutional investment in digital assets but..
LSEG Lipper’s latest research finds that the majority of actively managed funds and ETFs globally were not able to beat..

Related Articles

Chris Lo, Columbia Threadneedle
In a recent insight on India by Columbia Threadneedle Investments, the firm reports that the country’s economic reforms, which aim...
With an election on the horizon in the United States a group of ETFs is poised to capture investments on...
Robot worker
Qraft Technologies, based in South Korea, specialises in the use of AI in security selection and portfolio construction....
Andrea Busi, Directa SIM
Romain Thomas talks to Andrea Busi (pictured), CEO of Directa SIM, who explains why the online trading platform has just...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by