Bringing you live news and features since 2006 

Vanguard reports strong global ETF growth

RELATED TOPICS​

Vanguard’s exchange-traded funds continue to gain widespread investor acceptance in the US and in other markets around the world.

 
The third-largest worldwide provider of ETFs, with global ETF assets of USD281bn as of 30 June 2013, has expanded its suite of products in the US, Australia, Canada and Europe, and introduced its first ETF in Hong Kong.
 
“Investors worldwide have become more focused on broad diversification, low investment costs and transparency—the key characteristics of Vanguard index funds and ETFs. It is gratifying to see investors embracing the Vanguard way of investing as we seek to best position them for long-term financial success,” says Jim Norris (pictured), managing director for Vanguard International.
 
Cash flow continues to be strong in Vanguard’s line-up of 67 US-based ETFs, with investors entrusting an ETF industry-leading USD26bn to the firm year-to-date through 30 June 2013 (source: Bloomberg).
 
Vanguard has recently broadened its product line in the US by introducing three low-cost fixed-income ETFs: Vanguard Total International Bond ETF, Vanguard Emerging Markets Government Bond ETF and Vanguard Short-Term Inflation-Protected Securities ETF.
 
In addition, Vanguard reported lower expense ratios on 56 ETFs over the past year, including reductions for some of its largest and most popular ETFs: the USD55bn Vanguard Emerging Markets ETF (from 0.20 per cent to 0.18 per cent) and the USD31bn Vanguard Total Stock Market ETF (0.06 per cent to 0.05 per cent).
 
Vanguard Investments Australia recently reached nearly USD1bn in ETF assets under management. Vanguard Australia introduced its first three ETFs in 2009 and now offers a suite of nine ETFs. Among recent expense reductions, its all-world ex-US stock ETF dropped its management expense from 0.18 per cent to 0.15 per cent.
 
Vanguard Investments Canada had nearly USD1bn in ETF assets under management in June. Vanguard entered the Canadian marketplace in December 2011, listing six ETFs on the Toronto Stock Exchange. It added five more ETFs in November 2012.
 
Vanguard Asset Management had USD1.4bn (EUR1.09bn) in ETF assets under management as of the end of June. The company launched four new physically backed, Irish-domiciled ETFs in May 2013 on the London Stock Exchange, complementing the five Irish-domiciled ETFs that it brought to the European market in 2012. Vanguard has also cross-listed seven of the ETFs on the NYSE Euronext Exchange in Amsterdam and Paris, and on the SIX Swiss Exchange in Switzerland.
 
Vanguard Investments Hong Kong introduced its first ETF in May 2013 on the Hong Kong Stock Exchange. In Asia, Vanguard provides institutions and intermediaries with access to its global management capabilities through ETFs, separately managed accounts and mutual funds. The Hong Kong office serves as the Asian hub for the company, which established a site in Japan in 2000 and in Singapore in 2003. 

Latest News

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..
VanEck has reached USD10 billion in assets under management in Europe for the first time in April 2024...
Global index revenues increased 9.3 per cent in 2023, totalling a record USD5.8 billion, according to a benchmark study published..

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