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HANetf sees AUM grow by 85 percent since start of year

News Team, 23/02/2021

White label UCITS ETF issuer HANetf has announced that its assets under management have reached £2.2 billion less than two years after the firm hit its $50 million milestone.

Even more impressive is the rise in AUM includes an increase of 85 percent since the start of 2021, or about eight weeks as of 19 February.

Co-CEO of HANetf, Hector McNeil (pictured), said: “With increased volatility in Bitcoin, we have seen phenomenal demand for BTCE, our exchange traded Bitcoin ETC which has just surpassed $1billion assets under management. Institutional investors are now taking Bitcoin seriously and seeing it as a safe haven and rushing to products like BTCE that offer access to Bitcoin with all the regulatory protections of an exchange trade product. Global investors are flocking to Bitcoin ETFs like BTCE as other Bitcoin access instruments such as US Trusts and futures can often trade at significant premiums.

“We have also seen increased flows across the board into our thematic ETFs such as the HAN-GINS Tech Megatrend Equal Weight UCITS ETF ITEK, an ETF that offers equal weight across 8 mega trend, disruptive tech categories from future cars to digital entertainment which recently hit $100m AUM. Our recently launched iClima Global Decarbonsiations Enablers ETF is seeing flows as investors push towards ESG products and with political power in the US now in Democratic hands, the path is now clear for further cannabis reform in the US, resulting in demand for CBDX, The Medical Cannabis and Wellness UCITS ETF that we launched in January 2020. CBDX became the first European cannabis ETF to break through the $50m AUM figure.

“What is most exciting is that we have 10+ ETFs that we expect to launch in the first half of the year. Some are global and European firsts. We set out to be the ‘valued added ETF issuer’ offering differentiated products with a view to offering market leading asset managers, brands with great intellectual property to gain time and cost efficient entry to the UCITS ETF market. This landmark proves the tyres have been well and truly kicked on the model. Our end vision of being the World’s first multi manager ETF platform is well underway.”

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