Betashares is an Australian financial services firm specialising in exchange-traded funds (ETFs), based in Sydney, Australia with offices in Melbourne, Brisbane, Adelaide, Perth and Auckland, New Zealand.[1] In addition to ETFs, Betashares offers an online investment platform for retail investors and managed accounts for financial advisers. It is owned and managed by its Australian based management team and has strategic shareholdings by Singapore's sovereign wealth investment company Temasek Holdings[2] and TA Associates.
History
Betashares was founded in 2009 by Alex Vynokur and David Nathanson, both former lawyers.[3] Nathanson was born and raised in Sydney, while Vynokur moved from Ukraine to Sydney in 1994 aged 16 and couldn't speak English[4]. It launched its first exchange-traded funds (ETFs) in December 2010. The company later added currency ETFs, actively managed bond ETFs, and thematic funds to its product line.[5]