Betashares notches $50b in FUM driven by rapid ETF growth

Australian exchange traded fund (ETF) specialist, Betashares, announced it has reached the milestone of $50 billion in funds under management (FUM), following a period of mass ETF growth and expansion activity.
The firm said the milestone was the next step in its growth strategy to become a “diversified financial services business” with over one million clients across investors and financial advisers.
Betashares said all of its investment and wealth creation channels – including ETFs, managed accounts, diversified portfolios and its Betashares Direct platform – had seen strong growth over the past several years, propelled even further with the firm’s foray into Australia’s superannuation sector with the acquisition of Bendigo Superannuation.
According to the firm, Betashares’ ETF assets under management has grown by 56.9 per cent p.a. since it first launched in December 2010, well over the wider ETF industry’s growth of 31.5 per cent p.a. over the same period.
“For nearly 15 years, we have worked hard to build a long-standing partnership with our clients. As a trusted steward of capital on behalf of our clients, we deeply appreciate the importance of trust and we are looking forward to continuing to strengthen this partnership in the years and decades ahead,” Alex Vynokur, Betashares’ founder and chief executive, said.
“We are very excited about the future of our business and the growing role we can play in assisting more Australians build their long-term wealth. We are particularly passionate about the opportunity to harness responsible innovation to build a growing range of investment and wealth solutions, for financial advisors and self directed investors, that are based on our core values of simplicity, transparency and value for money.
“The runway for growth for Betashares remains very long, and we’re working hard to build out our capabilities and services to help more Australians grow their wealth.”
The milestone also comes as Betashares will benefit from the strategic investment made last year by Singapore’s sovereign wealth investment company, Temasek.









It's entertaining watching people who didn't care at toss about equity when advisers copped it, but now they're facing the…
Besides AI has made these "Research Houses" obsolete. Go use Grok or Gemini.
Only took six months
No way would I pay for the rubbish that comes out of so called rating and research houses. Paying someone…
And people wonder why advisers are leaving the industry (or just getting out of providing any form of personal advice…