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WisdomTree Acquires Boost ETP To Enlarge Europe Footprint

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Mani
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WisdomTree Investments, Inc. (NASDAQ:WETF) has completed the £12.2 million acquisition of Boost ETP, a UK-based exchange-traded product.

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WisdomTree chief executive and president Jonathan Steinberg said the company will soon start building a European platform for a range of UCITS ETFs under the WisdomTree brand.

Completes acquisition of Boost ETP

The exchange-traded fund sponsor and asset manager, WisdomTree Investments, Inc. (NASDAQ:WETF) announced today that it has completed the acquisition of Boost ETP, a UK-based exchange-traded product provider. The completion of the acquisition would facilitate the American firm to expand its footprint to Europe.

The ETF sponsor will commence the previously announced build-out of a...

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports