Zurich, 25 November 2021
LPX serves as the index provider for Australia’s first Global Listed Private Equity ETF launched by VanEck Australia and listed on the ASX today. This provides Australian investors for the first time access to private equity investments via a Private Equity Index, offering exposure to an important alternative asset class that can help diversify portfolios.
The ETF tracks our LPX50 which is a global Private Equity Index and covers the 50 largest Listed Private Equity companies. The index is well diversified across regions, financing styles, and vintage years.
VanEck is one of the world’s largest issuers of ETFs (Exchange Traded Funds), managing in excess of USD 75 billion globally for individual and institutional investors. Founded in New York in 1955, VanEck is a pioneer in international investing and in gold funds, launching the first gold equities fund and the first gold ETF in the US.
In Australia, VanEck is one of the fastest growing ETF providers in the country and a leader in ‘smart beta’ investment strategies. VanEck has 30 ETFs on ASX that focus on delivering superior performance through beyond-the-usual approaches and providing access to asset classes typically unavailable to Australian investors.