Bringing you live news and features since 2006 

GraniteShares doubles European assets to USD200 million in six months

RELATED TOPICS​

ETP provider GraniteShares, which offers a range of 3x short and 3x leveraged ETPs on popular UK, US, and French stocks, has doubled assets under management to USD200 million in Europe in just six months on its range of products.

It hit the USD100 AUM milestone in April this year and has continued to build driven by new products and expansion with its products listed on the London Stock Exchange and from September on Euronext in Paris.

New products have included the world’s first leveraged single stock ETP on NIO, the electric vehicle maker and distributor also known as the ‘Chinese Tesla’, and its ground-breaking conviction tech ‘basket’ products – the world’s first FAANG, GAFAM and FATANG ETPs.

On Euronext its products include ETPs focused on the future of electric vehicles as well as the 10 largest French stocks Airbus, AXA, BNP, Danone, L’Oréal, LVMH, Safran, Sanofi, Schneider Electric, STMicroelectronics and Total.

GraniteShares is also seeing record levels of trading in its leveraged and short LSE listed ETPs.  In Q3 2021, USD300 million was traded, a 43 per cent increase compared to the volume seen in Q4 of 2020.
Hitting USD200 million is the latest stage in the expansion at GraniteShares which listed its first 3x short and 3x leveraged ETPs on 11 FTSE 100 stocks two years ago followed by ETPs on US tech stocks in July 2020. 

Will Rhind, Founder and CEO of GraniteShares, says: “The doubling of our European AUM in just six months underlines the significant and growing demand for this new and exciting category of ETPs.
“Trading volumes across our range of products is increasing rapidly demonstrating how sophisticated investors are increasingly adopting strategies which used to be exclusive to institutional investors. More generally the growth in our platform has been driven by an increasing interest in investing throughout the pandemic and now re-opening.”

GraniteShares currently offers 54 exchange traded products (ETPs) listed on the London Stock Exchange and 62 on Euronext. They consist of a suite of index ETPs tracking FAANG stocks and a suite of Short and Leveraged Single Stock Daily ETPs tracking some of the most popular companies in UK US and French markets.  

Its FAANG, GAFAM and FATANG product suite, offers long, short and 3X leveraged ETFs on FAANG, GAFAM and FATANG indices and can be traded in a single ticker symbol via ordinary brokerage accounts. FAANG consists of Facebook, Amazon, Apple, Netflix, and Google while GAFAM includes Google, Apple, Facebook Amazon, and Microsoft and FATANG covers Facebook, Amazon, Tesla, Apple, Netflix, and Google.

 

 

Latest News

Solactive writes that it has expanded its collaboration with Kiwoom Asset Management by providing the underlying indices to the KIWOOM..
MSCI has announced the launch of MSCI Private Capital Indexes, writing that with growing investor interest in private markets, high..
Matteo Greco, Research Analyst at Fineqia International, writes that bitcoin (BTC) ended the week at approximately USD68,150, marking a 12.1..
Raymond James Investment Management plans to launch an ETF product platform in 2025 to support strong client demand in alignment..

Related Articles

Scott Kefer, VictoryEx Capital Holdings
Bailey McCann writes that active ETFs are capturing investor interest, according to the latest data from Morningstar, which finds that...
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....
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