BetaShares is one of Australia's largest ETF issuers, by the number of ETFs issued on the ASX and total funds under management (FUM).
BetaShares was founded in Sydney by a group of finance professionals who have a venture capital (VC) business called Apex Capital Partners. BetaShares was an 'in house' investment for Apex but grew quickly as ETFs took off.
Betashares is part-owned by Mirae Asset Global Investment Group, a specialist ETF business which manages nearly $130 billion.
BetaShares launched its first ETF in 2010 but has grown its ETF count rapidly to have more than 50 ETFs in the market today.