VanEck's assets under management hit $7bn in Europe

ETF strategies sparked investor interest

US investment house VanEck's assets under management have hit $7bn in Europe, pushed higher by its ETF strategy and thematic offering.

Across its exchange-traded funds (ETFs), VanEck has launched a semiconductor ETF and a real estate ETF, which the asset manager claims to have garnered great investor interest. Other drivers include ETFs that track the  hydrogen - or digital assets - and the blockchain industry. "Inflows are coming from a wide range of different strategies," Martijn Rozemuller, CEO of VanEck Europe, said. Global ETF assets break $10trn barrier "The Semiconductor ETF, the first European ETF for the semiconductor sector, is a good example. It has already hit the $500m mark after just six months and i...