Global exchange-traded fund assets hit an all time high of USD933bn at the end of quarter three, 4.8 per cent above the previous all time high of USD891bn set in August 2009, according to Barclays Global Investors’ latest quarterly ETF Global Handbook.
At the end of quarter three 2009 there were 1,819 ETFs with 3,247 listings from 96 providers on 40 exchanges around the world.
Additionally, there were 568 other exchange-traded products with assets of USD105.87bn from 39 providers on 19 exchanges.
Combined, there were 2,387 products with 4,083 listings, assets of USD1,039.35bn from 122 providers on 43 exchanges around the world.
BGI says the growth in ETF listings can be explained, in large part, by strong investor demand for these types of products. The proliferation of new offerings has also made it more challenging in terms of decision-making.