Bringing you live news and features since 2006 

Up arrow

Global ETF and ETP assets reach record USD2.4trn at the end of 2013

RELATED TOPICS​

Net inflows of USD24.5bn in December and positive market performance pushed assets in the global exchange-traded fund and exchange-traded product industry to a new record high of USD2.4trn at year-end 2013, according to ETFGI.

The global ETF/ETP industry had 5,090 ETFs/ETPs, with 10,172 listings, from 218 providers on 60 exchanges at the end of 2013.
 
“After spending most of 2013 wondering when and how the Fed would taper its QE scheme, investors felt a degree of positive cheer and certainty after the Fed announced in December that the US economy was strong enough for it to begin to taper by USD10bn in January 2014,” says Deborah Fuhr, managing partner at ETFGI.
 
In December 2013, ETFs/ETPs saw net inflows of USD24.5bn. Equity ETFs/ETPs gathered the largest net inflows with USD28.3bn, followed by fixed income ETFs/ETPs with USD403m, while commodity ETFs/ETPs experienced net outflows of USD5.0bn.
 
In 2013, global ETF/ETP assets increased by 23 per cent based on positive market performance and net inflows of USD242.8bn, but did not surpass the USD265.0bn in net inflows in 2012. Equity ETFs/ETPs gathered a record level of net inflows in 2013 with USD240.1bn, followed by fixed income ETFs/ETPs with USD22.3bn, while commodity ETFs/ETPs experienced a record level of USD39.7bn in net outflows in 2013.
 
iShares topped the rankings based on net inflows with USD61.0bn in 2013, narrowly beating Vanguard with USD60.2bn. SPDR finished third with USD18.3bn, PowerShares took fourth place with USD15.4bn and WisdomTree gathered the fifth largest net inflows with USD14.4bn.
 
In 2013, 611 new ETFs/ETPs were launched by 102 providers which, is slightly higher than the 595 ETFs/ETPs launched in 2012 by 104 providers. The 245 ETF/ETP closures in 2013 are higher than the 206 ETFs/ETPs that closed in 2012, and more than three times the 72 that closed in 2011.

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