ETF Securities undergoes Aussie refresh

Yasmine Raso

Senior Journalist, Financial Newswire

20 September 2022

ETF Securities has announced its Australian arm has been rebranded as Global X ETFs following its acquisition by Mirae Asset and Global X earlier this year, continuing its thematic, commodities and digital asset exchange traded funds (ETFs) offering.

ETF Securities’ listed products will also be renamed and a new website will be launched for the Australian market as a part of the rebrand, using the Global X ETFs name and logo.

“Australia is a focus market for Mirae Asset and I’m delighted to see the business scale in the region,” HyeonJoo Park, Founder and Global Investment Strategy Officer at Mirae Asset Financial Group, said.

“Mirae Asset is extremely committed to its industry-leading ETF businesses and I’m proud to welcome ETF Securities to the Global X brand as it perfectly aligns with our dedication to the sector and to our investors.”

The announcement also said the ETF Securities team has been working closely with the teams at Mirae Asset and Global X to align strategies and expand operations in the Australian market with the backing of an established global platform.

“The rebrand to Global X ETFs builds on a legacy for investors that’s beyond ordinary via quality research, the deep balance sheet of our parent company, Mirae Asset, and a track record of innovative and investor driven product design, allowing us to create opportunities for our clients as we expand our offering,” Luis Berruga, CEO of Global X ETFs, said.

“We are creating an Australian ETF powerhouse by joining Global X and ETF Securities.”