Putting investors in the driver’s seat
Cboe Vest is driven by the conviction that investors desire more certainty in their investment outcomes. Founded in 2012 to address this market need, Vest’s early investors were Y Combinator, Payment Ventures and First Round Capital.
In 2016, Vest became an asset management subsidiary of Cboe Global Markets, Inc., one of the world’s largest exchange holding companies and owner of the Cboe Options Exchange (Cboe Options — the largest U.S. options exchange and creator of listed options), the Bats exchanges, Cboe Futures Exchange (CFE) and other subsidiaries. Today Cboe Vest offers institutional-quality target outcome investments built on the backbone of its unique investment philosophy and Cboe’s indexes—that strive to buffer losses, amplify gains or provide consistent income—to a diverse spectrum of investors.
Most investments today target speculative returns, with uncertain levels of risk, over an uncertain period. While opportunistic, this approach to investing brings a degree of uncertainty. We are building a new class of investments, called Target Outcome Investments, that target a defined return profile, with an allowance for a specific level risk, at a specific point in time in the future. Such investments strive to provide investors with targeted protection, enhanced returns, or consistent income, with a level of predictability unattainable with most other investments.