WisdomTree acquires Boost ETP

WisdomTree acquires Boost ETP

WisdomTree Investments has completed the acquisition of Boost ETP, a UK-based exchange traded product (ETP) provider.

It will commence the previously announced build-out of a local European platform to offer a select range of Ucits ETFs under the WisdomTree brand and continue to manage and grow the Boost line up of short and leveraged fully collateralised ETPs under the Boost brand.
 
Hector McNeil and Nik Bienkowski, founders of Boost and veterans of Europe’s ETF industry, will serve as co-CEOs of WisdomTree Europe.
 
WisdomTree offers 67 ETFs across equities, fixed income, currency income and alternatives asset classes, licenses its indexes to third parties for proprietary products and promotes the use of WisdomTree ETFs in 401(k) plans. It has approximately $33.1bn in ETF assets under management.

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