Bringing you live news and features since 2006 

SSgA marks 20th anniversary of SPDR ETFs

RELATED TOPICS​

State Street Global Advisors (SSgA), the asset management division of State Street Corporation, has marked the 20th anniversary of the company’s SPDR ETF business globally.

The launch of the first US listed SPDR ETF in 1993 improved access to the market for investors.

Launched with just USD6.5m in assets, the SPDR S&P 500 ETF is now the world’s largest ETF with more than USD123bn in assets under management. It is the most traded ETF with an average daily trading volume of 144 million shares.

“It’s an honour to have been a member of the team that introduced the first ETF. It’s also tremendously rewarding to see this ETF recognised as one of the most investor-friendly innovations of our time and a major catalyst for the growth of the ETF industry,” says James Ross, senior managing director and global head of SPDR ETFs at SSgA. “The industry now includes more than 5,000 funds with nearly USD2trn in assets globally. Our research shows that the prospects for the ETF industry remain positive, and we expect to see growth across all geographical markets over the next few years.” 

Latest News

ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..
Investors urgently need greater access to diversified investment strategies aligned with the Paris Agreement on climate change if the world..

Related Articles

Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Ed Rosenberg, Texas Capital
Texas Capital Bank first opened its doors back in December 1998 and nowadays offers wealth-management services, as well as commercial,...
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