'Change Is Never Easy': New Global X CEO
Ryan O’Connor takes over amid concerns about executive turnover.
Stay updated with breaking news from Global X. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Ryan O’Connor takes over amid concerns about executive turnover.
Withdrawal comes amid slowing inflows and signs the field is getting saturated.
The company had about $51 billion of assets under management in its ETFs worldwide, as of December 2023, according to its website.
Global X, a subsidiary of Mirae Asset Global Investments, which manages exchange-traded funds (ETFs) in the U.S., recently decided to delist most of its Chinese ETFs to 'ensure its product lineup meets the evolving needs of its clients.'
Global X chief executive Luis Berruga has decided to step down from his role after almost ten years with the $39bn US ETF manager.