During the first six months of 2014, exchange-traded fund investors directed a larger proportion of new funds into MSCI index-based ETFs than those of any other index provider.
ETF providers launched more new funds based on MSCI indices than those of any other index provider.
Approximately USD86 billion of net new assets flowed into equity ETFs globally in the six months to 30 June 2014. Of this, approximately USD29 billion, or 34 per cent, went to ETFs based on MSCI indices, almost twice as much as the next index provider.
In addition, more ETFs were launched during this period based on MSCI’s indices than those of any other index provider. 75 ETFs based on MSCI indexes – around one third of all equity ETFs launched – were issued during this period, raising a total of approximately USD1.5 billion.
“We are delighted with these numbers which are further evidence of MSCI’s strength in the ETF market, based on our strategy of continuous innovation combined with close, long-term working relationships with ETF providers,” says Baer Pettit, managing director and global head of MSCI’s index business. “Add to this the power of MSCI’s globally recognised brand and leadership position in the international equity index space and you can see why so many ETF providers choose MSCI as their provider of choice.”