Van Eck takes over Market Vectors^® Indices from 4asset-management

We are happy that we can announce that our former licensee, Van Eck, will take over the index family of the Market Vectors^® from 4asset-management.

The new Frankfurt-based subsidiary of Van Eck, the Market Vectors Index Solutions GmbH (MVIS) will develop, market and license the Market Vectors Indices, which currently underlie many of Van Eck Global’s exchange-traded funds.

The take over is effective as of November 30, 2011. 4asset-management is moving all related activities like index maintenance, support and the website to the new venture.

We are looking back on building an index business over three years: Yesterday more than 3,6 bn. USD were benchmarked against the 13 indices we were providing for the Market vectors^®. Business development is one of our core competencies.

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Topics news, Index