Saturday, November 23, 2024

Global X Expands Its Digital Asset SMA Availability Via Partnership with Eaglebrook Advisors

Global X ETFs, a leading global provider of exchange-traded funds (ETFs), will be launching two digital asset, separately managed account (SMA) strategies on the Eaglebrook Advisors platform on Tuesday. The Global X Digital Asset Mega-Cap Index and Global X Digital Asset Mid-Cap Index strategies provide foundational exposure to the core segment of the digital asset market and are a solution for advisors seeking to gain exposure to this disruptive asset class.

These Global X Digital Asset SMA strategies are available to a growing list of more than 50 RIAs utilizing the Eaglebrook Advisors platform, a premier turnkey asset management platform for wealth management firms. The SMA structure provides a familiar investment vehicle that has several benefits such as allowing for direct ownership of digital assets, the ability to perform portfolio customization and optimization, and portfolio monitoring and reporting abilities for wealth managers.

The Global X Digital Asset indices are market capitalization weighted and may include exposure to the major segments of the digital asset market including, but not limited to, digital payments, smart contract networks, decentralized financial (DeFi) applications, and scaling solutions. The indices are rules-based, passively managed strategies and are rebalanced monthly.

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“Global X has always sought to provide advisors with investment access to the cutting-edge technologies that are set to shape the economy of tomorrow. We believe digital assets and blockchain are transformative technologies which may see increased adoption in the coming years,” said Adam Sze, Head of Digital Assets at Global X ETFs. “We are thrilled that this partnership allows wealth managers access to digital asset solutions crafted using Global X’s thought leadership in the disruptive technology space combined with Eaglebrook’s premier platform.”

“As digital assets continue to gain widespread recognition, advisors have been ready to capitalize on the opportunity this asset class presents,” said John Stec, Director of Digital Asset Solutions at Global X ETFs. “With this partnership, advisors can efficiently manage and serve their clients while benefiting from the expertise and reliability of Global X and Eaglebrook.”

“We are very excited to partner with Global X to launch their Digital Asset SMAs on our platform,” said Christopher King, Founder & CEO of Eaglebrook Advisor. “Our partnership with Global X reflects Eaglebrook’ commitment to providing the wealth management market a more efficient means of accessing professionally managed digital asset investment solutions.”

SOURCE: PRNewswire

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