BUX partners with State Street on bringing SPDR ETFs to EU investors
Amsterdam based neobroker BUX, a unit of ABN Amro, has announced a new collaboration with State Street Global Advisors (SSGA), the asset management business of Boston based financial services giant State Street Corp (NYSE:STT). Through this collaboration, BUX will provide its clients across Europe access to SSGA SPDR ETFs as well as educational content on investments.
The flexibility of the BUX investment platform allows investors to set up personalised investment plans that align with their financial goals, and by including access to SSGA SPDR ETFs, BUX’s clients have the opportunity to further diversify their portfolios. Delivering educational content is another key element in this new relationship, which aims to equip investors with information on a wide range of topics in order to make decisions that better suit their investment needs.
Yorick Naeff, CEO of BUX, stated,
“We’re proud to team up with State Street Global Advisors to significantly improve our offering in the European investment landscape. With SSGA’s decades long experience, track record, and global market share, we believe this partnership is the latest milestone for us in our pathway towards becoming a leader in the European retail investment space. This collaboration will offer our clients access to a new range of ETFs, and further advances us in our journey towards making investing more accessible.”
Through the new access to SSGA SPDR ETFs, BUX’s clients can build cost-effective portfolios across different asset classes. With a minimum investment of just €10 per ETF, BUX said it is a front-runner in making investing in global markets accessible, intuitive, and affordable for everyone.
Matteo Andreetto, Head of Intermediary Clients Coverage, Europe at State Street Global Advisors, commented,
“We are delighted to work with BUX to bring SPDR ETFs to a broader audience across Europe. As a pioneer in ETFs, we seek to provide investors with the tools to build diversified and customised portfolios. Investors are increasingly turning to ETFs for their flexibility and cost-efficiency, and our wide range of ETFs, from global equity to fixed income, enables investors to tailor their portfolios with greater precision to help them achieve their financial goals at lower costs.”
In 2024 BUX was acquired by ABN Amro, one of the largest financial institutions in the Netherlands. Together, BUX and ABN Amro aim to deliver a unique and comprehensive investment offering to retail investors across Europe. Their partnership combines BUX’s innovative and accessible platform with ABN Amro’s financial expertise and resources, ensuring a seamless experience for all investors.
About BUX
BUX, part of ABN Amro N.V., is one of Europe’s leading neo-brokers. BUX provides a versatile investment platform featuring stocks, ETFs, and ETCs, alongside pre-built and custom Investment Plans. With its intuitive mobile investment app, BUX makes investing easier and more affordable for everyone. By simplifying the trading experience, BUX is helping a new generation of investors build long-term wealth and achieve their financial goals. Headquartered in Amsterdam, BUX is currently available in the Netherlands, Belgium, France, Germany, Spain, Italy, Austria, and Ireland.