December saw thematic ETF provider Global X ETFs announce that it was to open in Europe, with Rob Oliver from JP Morgan as Head of Business Development for Global X ETFs in Europe and Morgane Delledonne (pictured) from BMO Global Asset Management, as Director of Research.
Later in the month saw the firm launch its Global X Video Games & Esports UCITS ETF (HERU) and the Global X Telemedicine & Digital Health UCITS ETF (EDOC) on the London Stock Exchange.
Tracking the Solactive Video Games & Esports v2 Index, HERU is designed to provide investors with targeted exposure to the evolution of digital entertainment via video games and esports, which saw immense adoption amidst global stay-at-home efforts throughout 2020.
The Fund includes companies involved in the development or publishing of video games, a sector which is expected to exceed USD159 billion in revenue in 2020, making it larger than the movie industry and professional sports, according to Global X. The Fund also includes those companies involved in the streaming and distribution of video gaming & esports content, and hardware used in video games & esports.ii
EDOC, which follows the Solactive Telemedicine & Digital Health Index, offers investors access to companies driving advancements in the telemedicine & digital health theme. The COVID-19 pandemic has highlighted the importance of utilising digital technologies in health care, with some health care providers reporting that remote telehealth appointments have increased as much as 175x in 2020, the firm says. EDOC invests in those companies involved in telemedicine, health care analytics, connected health care devices, and administrative digitalisation.
The firm has now announced the expansion of its European business operation with the appointment of three new hires.
George Taylor joins as Head of Capital Markets for Global X ETFs where he is responsible for primary and secondary market structure as well as investor implementation in ETFs. Prior to joining Global X, he was Head of ETF Capital Markets at HSBC Global Asset Management. Magdalena Kowalik joins as a Capital Markets Analyst working alongside George, joining from the London Stock Exchange, where she performed several roles in the Capital Markets team. Hannah Waldron joins the UK Sales team responsible for distribution efforts within the UK joining from an analytics team at Sainsburys. Prior to that, she worked within the distribution teams at Artemis fund managers and Neptune investment management, covering UK wealth managers and discretionary fund managers.