6 years ago

HANetf Secures Oversubscribed Funding to Expand ETF Platform

  • HANetf, an independent ‘white-label’ UCITS ETF platform, has completed its second oversubscribed funding round, bringing on board a number of experienced industry figures

  • The latest fundraise saw backing from ThirdStream Partners, whose team led the world’s largest quantitative investment management firm, Barclays Global Investors (BGI)/iShares

  • Existing shareholders Point72 Ventures and Elkstone also participated in the round

  • HANetf provides the complete technical, regulatory and distribution infrastructure needed to successfully launch and manage UCITS ETFs without asset managers having to develop in-house infrastructure or incur a substantial cost base

  • The company plans to use the funds to expedite the development and growth of its platform, including sales, distribution, product management, marketing and PR

  • HANetf expects to increase staff numbers by nearly 50% in 2019 and add around 10-15 ETFs per annum.

      • ProblemFinancial Services

      "Asset managers wanting to offer ETFs face high costs and complexity in developing and managing the necessary infrastructure in-house."

      Solution

      "HANetf provides a complete 'white-label' platform for launching and managing UCITS ETFs, enabling asset managers to enter the market without significant upfront investment or operational burden."

      Covered on