The story
Betashares was founded in 2009. It launched its first exchange-traded funds (ETFs) in December 2010. The company later added currency ETFs, actively managed bond ETFs, and thematic funds to its product line.
In 2021, the U.S. private equity firm TA Associates acquired a minority stake in Betashares.
In September 2023, Betashares entered the Australian superannuation sector through the acquisition of Bendigo and Adelaide Bank’s superannuation business.
In October 2023, the company launched Betashares Direct, an investment platform aimed at self directed retail investors. The platform launched with ETF trading and was expanded in 2024 to include other listed securities.
In June 2024, Singapore’s sovereign wealth fund Temasek agreed to acquire a minority stake in Betashares, investing up to A$300 million. Temasek joined existing shareholders including TA Associates and Betashares staff.
By June 2025, Betashares reported that its total funds under management had surpassed A$50 billion.
In July 2025, Betashares acquired financial media and education company Equity Mates, founded in 2017. The acquisition was intended to increase the company's presence in the retail investment market. The co-founders remained with the company, which continues to operate under its existing brand.
Also in July 2025, Betashares announced the formation of Trellia Wealth Partners, a managed accounts business created through the merger of its portfolio services with those investment consultancy InvestSense. Trellia launched with approximately A$8 billion in funds under management and provides index-based and customized portfolios.
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Later in 2025, Betashares launched Betashares Private Capital, a division focused on private market investments. The division partnered with U.S.-based Cliffwater LLC to provide private credit products for wholesale investors.
From Wikipedia’s article on Betashares, shared under CC BY-SA 4.0.3