Bringing you live news and features since 2006 

iShares MSCI Emerging Markets ETF reaches one billion shares outstanding


The iShares MSCI Emerging Markets Index Fund has reached one billion shares outstanding, the first iShares fund to reach that milestone during the company’s ten-year history.

The ETF has grown almost 20 per cent in the past year with current assets under management of USD44bn and average daily trading volume of USD2.8bn.

“The iShares MSCI Emerging Markets Index Fund has more shares outstanding than any other ETF and is the first emerging markets ETF to reach one billion shares outstanding. Its growth underscores the broad utility investors continue to find using iShares products,” says Noel Archard, head of US iShares product at BlackRock. “Since the fund launched in 2003, EEM has provided institutional and retail investors and financial advisors with efficient and transparent access to emerging markets. The deep liquidity of EEM also results in low trading costs for all investors at all size trades, which can significantly lower total ETF costs.”

“MSCI is proud to have licensed our index to be used as the basis for such a successful product. We value our strong relationship with BlackRock and the long standing and widespread use of our indices throughout the iShares franchise,” adds Theodore Niggli, managing director at MSCI.

Latest News

As the ETF industry reaches a milestone of USD12.71 trillion in global assets, Brown Brothers Harriman writes that its 2024..
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin closed last week at approximately USD66,300, marking a 7.8 per..
HSBC Asset Management’s (HSBC AM) ETF and Indexing business has passed USD100 billion in assets under management (AUM), reflecting its..
Amundi’s ETF Market Flows Analysis for April reveals that investors added EUR54.1 billion to global ETFs in April with equities..

Related Articles

Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Sean O' Hara
Pacer ETFs has announced the launch of three Cash Cows UCITS ETFs. The firm writes that this will give European...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by