VanEck

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VanEck
Private company
Industry Investment management
Founded New York, NY (1955)
Founder John van Eck
Headquarters New York, NY, U.S.
Key people
Jan van Eck, CEO, Director, and President; Bruce Smith, CFO; William Ullman, Director
Products Mutual funds, ETFs, ETNs, insurance funds, SMAs, alternative investments
AUM U.S. $38 billion (2016)
Number of employees
More than 200 globally (2016)
Website www.vaneck.com

Founded in 1955, VanEck is an investment management firm headquartered in New York, NY and having satellite offices in Frankfurt, Germany and Australia. Van Eck Associates Corporation and Van Eck Securities Corporation are also referred to as VanEck. VanEck Vectors ETFs (about 75% of assets under management[1]) and VanEck Mutual Funds (about 25% of assets under management[2]) represent the company's flagship investment offerings. The majority of VanEck's assets are gold investments. The actively managed VanEck Mutual Funds cover the natural resource equities and commodities markets, emerging markets equities, emerging markets bonds, and liquid alternatives asset classes. The index-based VanEck Vectors ETFs are purpose-built, aimed at providing exposure to asset classes that are underrepresented in investor portfolios, or, offering an alternative approach to established investment categories. The firm's products are sold nationwide through retail brokers, financial planners, and investment advisors.

About VanEck[edit]

Founded in 1955, VanEck is a U.S. investment management firm offering mutual funds, exchange-traded products (ETPs), variable insurance portfolios, separately managed accounts, and alternative investments. Its ETPs are marketed under the VanEck Vectors brand. The firm is headquartered in New York City, where its fund managers are located. In addition, it has a network of offices worldwide, including offices in Shanghai (China), Frankfurt (Germany), Madrid (Spain), Pfaeffikon (Switzerland), and Sydney (Australia).[3]

The firm was among the first U.S. money managers to help investors achieve greater diversification through global investing. VanEck International Investors Gold Fund (INIVX) was launched in 1968 and was the first U.S. gold fund. Today the firm continues its pioneering tradition by offering innovative, actively managed investment choices in hard assets, emerging markets, precious metals (including gold), fixed income, and other specialized, domestic and international asset classes.[citation needed]

VanEck Vectors Exchange Traded Products (ETPs) have been offered by VanEck since 2006, when the firm launched the nation’s first gold-mining ETF, VanEck Vectors Gold Miners ETF (GDX). Today VanEck Vectors offers more than 55 ETFs, which span several asset classes, including equity, fixed income, and currency markets. Many of these ETFs are based on pure-play indices whose constituents must derive a majority of revenues from the target region/sector. VanEck Vectors is approximately the 9th largest ETF company as of the end of 2016.[4]

VanEck currently manages assets on behalf of more than 400 institutions, including endowments, foundations, hospitals, pensions, and private banks. Its traditional and alternative strategies are offered in both fund and separate account portfolios. In addition, VanEck offers the VanEck VIP Insurance Funds, a series of investment choices within the variable annuity contracts and variable life policies of widely known and highly regarded insurers.

History[edit]

  • 1955 - John C. van Eck launched one of the first international equity funds that provided a vehicle for U.S. investors to share in the returns of post-war development in Europe and Japan.[5] Forecasting inflationary pressures in the U.S., van Eck established the nation’s first gold fund in 1968.
  • 1980s - The company introduced one of the first global fixed income funds to capitalize on the depreciating dollar.
  • 1993 - VanEck again offered one of the first mutual funds in what was once considered a cutting edge marketplace (Asia).
  • 2006 - The firm launched its VanEck Vectors brand, under which it offers a series of exchange-traded products spanning many asset classes, including equities, fixed income (municipal and international bonds), and currency markets.
  • 2011 - The firm commenced ETF self-indexing with the launch of Market Vectors Index Solutions (renamed MVIS in 2016).
  • 2012 - VanEck expanded its liquid alternatives platform through the acquisition of a hedge fund beta business. VanEck also created a UCITS platform to offer a range of strategies to non-U.S. investors in 2012 and started operations of its VanEck Vectors Australia subsidiary.[6]

Flagship Funds[edit]

With an inception date of 1955, the VanEck International Investors Gold Fund (INIVX) was the first gold equity mutual fund made available to U.S. investors and offering exposure to a distinct asset class that is often considered a hedge during times of economic and political uncertainty.[7]

  • VanEck Hard Assets Fund (GHAAX), launched in 1994, was the first "hard assets" equity fund offering investors exposure to securities of commodity-related companies.
  • VanEck Vectors Gold Miners ETF (GDX), launched in 2006, was the first exchange-traded fund in the U.S. offering broad exposure to the gold mining equity market.[8]
  • VanEck Vectors Vietnam ETF (VNM), launched in 2009, was one of the first exchange-traded funds in the U.S. offering exposure to locally listed equities in Vietnam.

See also[edit]

References[edit]

External links[edit]

  • Official Van Eck website [1]
  • VanEck Vectors ETFs U.S. website [2]
  • VanEck Vectors ETFs Australia website [3]