News

SmartShares FUM up 33%

Friday 23rd of February 2024

The latter reflects both funds inflow of $136 million, up 1.7%, including better-than-expected cash outflows of $120 million from Quay Street post acquisition, and positive market returns of $958 million, up 11.8%.

The stock exchange operator says Smartshares is on track to reach between $18 billion and $20 billion in FUM by the end of 2027.

“Our market analysis indicates...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.