Description
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) and VanEck Mutual Funds (about 25% of assets under management) 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.
History
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 SZ (Switzerland), and Sydney (Australia).
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 offering actively managed investment choices in hard assets, emerging markets, precious metals (including gold), fixed income, and other specialized, domestic and international asset classes (including Bitcoin).
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 the 7th largest ETF provider in the US and one of the largest globally.
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.
