Global X ETFs grows to $7billion AUM and welcomes tech Investment Strategist Billy Leung to the team

Global X ETFs grows to $7billion AUM and welcomes tech Investment Strategist Billy Leung to the team

Global X ETFs has expanded its local research team with the appointment of Billy Leung to the role of Investment Strategist. This comes as the Australian businesses recently surpassed $7 billion in assets under management (AUM).

Leung has a decade of specialised experience in the Hong Kong / China markets, with a focus on the technology sector. Most recently, he served as an Equity Analyst at global market maker Optiver for over two-and-a-half years. Prior to this he was the Director of Equity Research for five years at Haitong International – Hong Kong. In 2020, Billy ranked third in the Regional Analyst for Software and Internet by Asiamoney.

Global X ETFS‘ Chief Executive, Evan Metcalf said growth across the business was the key priority moving into 2024 and Global X is looks forward to expanding further.

“We are thrilled to have Billy Leung join Global X as an Investment Strategist. Technology will be his area of expertise, elevating our ability to provide insights to our local clients and offer specialised ETFs. He also brings a refined understanding of the industry from both buy-side and sell-side roles,” Metcalf said.

“Billy’s appointment is timely given the technology sector has been responsible for outsized returns and has been a rich vein of product development. Global X is dedicated to our innovative thematic ETFs and Leung’s appointment is a testament to that,” Metcalf said.

“This year to date, tech-tilted and thematic ETFs have seen strong inflows as Australian investors gear their portfolios towards growth orientated assets. Subsequently, our AUM has surpassed $7 billion, and we will continue to execute on intelligent strategies to facilitate further growth.”

Commenting on his appointment, Billy Leung said, “I’m looking forward to joining the team during an exciting time of growth and innovation in the ETF market. With an extensive career rooted in data analytics and comprehensive research, I’m excited to be able to leverage the robust resources and capabilities at Global X to deliver real client value.”