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WisdomTree acquires Boost ETP
17 April 2014
WisdomTree Investments to build out European platform to offer Ucits ETFs
WisdomTree Investments has completed the acquisition of Boost
ETP, a UK-based exchange traded product (ETP) provider.
It will commence the previously announced 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.
Hector McNeil and Nik Bienkowski, founders of Boost and
veterans of Europe’s ETF industry, will serve as
co-CEOs of WisdomTree Europe.
WisdomTree offers 67 ETFs across equities, fixed income,
currency income and alternatives asset classes, licenses its
indexes to third parties for proprietary products and promotes
the use of WisdomTree ETFs in 401(k) plans. It has
approximately $33.1bn in ETF assets under management.