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XTX Markets founder Gerko builds family office with UBS support

Created at 20 Aug · 9:00 AM1 source↑ Market-relevant
IN SHORT

XTX Markets founder and billionaire trader, Gerko, is establishing a family office, reportedly tapping UBS for support. The move signals a significant expansion for the asset manager, which is Europe's second-largest active ETF provider.

Who's Involved

Gerko
Founder of XTX Markets and billionaire trader
XTX Markets
Asset manager and Europe's second-largest active ETF provider
UBS
Global financial services company reportedly assisting XTX Markets
XTX Markets founder Gerko builds family office with UBS support

↳ Why This Matters

The establishment of a family office by a prominent figure like Gerko, founder of a major ETF provider, signals a significant move in wealth management and investment strategy, potentially impacting talent acquisition and the broader financial services landscape.

Key facts

  • XTX Markets founder Gerko is establishing a family office.
  • The firm is noted as Europe's second-largest active ETF provider.
  • Talent acquisition is a stated priority for the company.
  • UBS is reportedly assisting in the family office's development.

XTX Markets founder Gerko is in the process of establishing a family office, with reports indicating that UBS is providing support for this initiative. XTX Markets is recognized as Europe's second-largest active exchange-traded fund provider. The company has stated that acquiring new talent is a primary objective as it aims to maintain its prominent market position. The establishment of a family office typically involves consolidating wealth management, investment, and philanthropic activities for a high-net-worth individual or family.

Frequently asked questions

Gerko is the founder of XTX Markets, a major asset manager and Europe's second-largest active ETF provider. He is also described as a billionaire trader.

XTX Markets is known as Europe's second-largest active ETF provider and is involved in asset management.

UBS is reportedly providing support for Gerko's family office build-out.

What Happens Next

01XTX Markets to continue prioritizing talent acquisition.
02Further details on the family office structure and operations may emerge.

How It Developed

XTX Markets founder Gerko is building a family office.
XTX Markets is Europe's second-largest active ETF provider.
Adding talent is a top priority for the firm.
UBS is reportedly involved in supporting the family office build-out.

Sources

T1
XTX billionaire Gerko taps UBS in family office build-outFinancial News London
T2
Billionaire Trader Reveals $660 Million London Family Office Betbloomberg.com
T2
UBS Family Office & UHNW | UBS Globalubs.com

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