Thursday, December 26, 2024
HomeWealth ManagementHorizons ETFs to rebrand as World X in strategic transfer

Horizons ETFs to rebrand as World X in strategic transfer

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This announcement follows a notable monetary milestone for the corporate, because it just lately exceeded $30bn in property beneath administration (AUM), marking the biggest year-over-year progress in its historical past.

Since being acquired by Mirae Asset World Investments, a number one asset administration entity with greater than $710bn in property throughout 19 nations, in 2011, the corporate has seen a nine-fold enhance in property, illustrating speedy progress and innovation. 

Mirae Asset Founder and World Technique Officer, Hyeon-Joo Park, commented on the rebranding, “Over its historical past, Horizons ETFs has constructed a fame as a ‘Everlasting Innovator’ within the Canadian market.”

He additional famous that beneath the World X model, this modern spirit would attain a worldwide dimension, backed by the total power of Mirae Asset.

Park expressed confidence within the mix of native experience and world insights beneath Rohit Mehta’s management, anticipating an improved funding expertise for Canadians.

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