MutualFundWire.com: With 15 Strategies, an ETF Shop Surpasses $2B

MutualFundWire.com

The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication

Wednesday, February 21, 2024

With 15 Strategies, an ETF Shop Surpasses $2B

The team at a Gotham ETF shop is celebrating a big milestone, less than seven years after the debut of its first funds.

William "Will" Rhind
GraniteShares
Founder, CEO

Last week, Will Rhind, founder and CEO of GraniteShares [profile], revealed that the New York City-based asset manager's AUM recently surpassed $2 billion. The GraniteShares team now offers 15 ETF strategies, Rhind notes.

"This achievement further validates our mission of reshaping traditional asset classes into more accessible, affordable and efficient investment opportunities," Rhind states. "In an environment marked by high interest rates and mounting geopolitical conflict, we are proud to offer dynamic and comprehensive ETFs to all types of investors."

After raising seed funding in 2016, the GraniteShares team launched their first ETFs in May 2017 in the U.S. They now also offer ETFs in France, Germany, Italy, and the United Kingdom. GraniteShares now has a lineup of 124 products worldwide, including 15 ETFs in the U.S. and 109 ETPs in Europe and the UK, a spokesperson for the company confirms. They have a team of 15 people, including six in the U.S.

Printed from: MFWire.com/story.asp?s=67071

Copyright 2024, InvestmentWires, Inc.
All Rights Reserved