Assets in ETFs linked to MSCI indexes grew more than 12 per cent in the first quarter of 2015, reaching an all-time high of USD418 billion. ETF providers launched 56 products based on MSCI indexes during the period, three times more than the next index provider.
The surge in demand from ETF providers for MSCI Factor Indexes continued, with 11 new ETFs launched in the first quarter, two times higher than the next index provider. These new ETFs attracted USD4.4 billion in assets, or 31 per cent of the total asset flows into that category.
ETFs linked to MSCI Minimum Volatility Indexes, the industry’s first low volatility benchmarks, reached a record USD13 billion in assets under management.
Assets in ETFs tracking the MSCI USA Quality Index surpassed the USD1 billion mark.
Global currency hedged ETF assets attracted USD28 billion in new assets, with half of those fund flows going to ETFs linked to MSCI Currency Hedged Indexes. There are now 68 currency-hedged ETFs globally linked to MSCI indexes, more than all other index providers combined.
“Following strong growth in the number of ETFs tracking our indexes in 2014, this year is off to a record-setting start,” says Baer Pettit, Managing Director and Global Head of Products. “As the industry grows in size and complexity, we intend to maintain our position as the first choice of ETF providers who are looking for both leading-edge innovation and exceptional quality.”
With over 730 ETFs tracking MSCI indexes globally, more ETFs track MSCI’s indexes than those of any other index provider.