Bringing you live news and features since 2006 

Money stack

FTSE EPRA/NAREIT real estate indices pass USD10bn in ETF-linked AUM


Exchange-traded fund assets linked to the FTSE EPRA/NAREIT Global Real Estate Index Series reached USD10.5bn in assets under management as of 30 April 2013.

In total, more than USD176bn of ETF assets are currently benchmarked to FTSE indices worldwide.
Launched in 2005, the index has expanded from the original Developed index to include a wide range of indices covering developed and emerging markets, Dividend+ and sector indices.  In May 2013 FTSE launched the latest in the Series – the FTSE EPRA/NAREIT Developed Super Liquid Index.  Constituents are chosen from the most highly liquid constituents of the FTSE EPRA/NAREIT Developed index, while retaining the characteristics of the underlying index.  All FTSE’s Super Liquid indices are easier to replicate than their underlying indices.
FTSE collaborates with EPRA and NAREIT, a REIT trade associations in Europe and North America. Constituents are liquidity-screened and the indices are calculated using actual free float to enhance transparency and investability. ETFs benchmarked against the index series are listed by six issuers on seven exchanges across Europe and North America.
Jonathan Horton, president of FTSE Americas and head of FTSE’s ETP service unit, says: “This is an important milestone which underlines both FTSE’s position as the pre-eminent provider of global real estate benchmarks and as the preferred index provider for ETF issuers seeking to create new opportunities in real estate investment. We look forward to building on this success with our partners at EPRA and NAREIT to create innovative new tradable real estate indices which expand investor choice.”
“This significant development underscores the fact that liquid and diversified real estate investment is now available to investors worldwide through a growing number of financial products, due in part to the successful partnership undertaken by NAREIT and EPRA with FTSE,” says Steven A Wechsler, NAREIT president and chief executive.
Fraser Hughes, director of research, indices & investor outreach at EPRA, says: “The interest in accessing real estate does not surprise us. Investors’ thirst for yield, coupled with longer-term performance make EPRA/NAREIT ETFs a proxy for direct real estate investment. The EPRA/NAREIT selection process ensures only quality buildings managed by top quality executive teams are included.”

Latest News

US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles..
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..

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