Bringing you live news and features since 2006 

Aussie ETFs see strong growth

RELATED TOPICS​

The September BetaShares review finds that the Australian ETF industry recorded another strong month of growth in September, reaching a record high of AUD32 billion in funds under management, an increase of 3.5 per cent (or AUD1076 million) on the previous month.

BetaShares reports that this level of growth was the sixth largest month of funds under management growth for the industry of all time. The majority of the increase (65 per cent or AUD687 million) was driven by new money inflows, with strong asset gains in global and US equities aiding the significant growth.

BetaShares Managing Director, Alex Vynokur (pictured), says: “The impressive growth of the ETF industry this month reflects its sustained popularity amongst investors.”

“As the industry grows, product options are increasing and ETFs are providing cost-effective and accessible solutions with intra-day liquidity that sets these products apart.”
Four new funds were launched in September, including two new active global equities funds.

For the second month running, global equities exposures received the largest flows, particularly via broad market developed world products. Best performing products were US small caps, as well as funds providing exposure to oil.

Outflows were limited, with only the Listed Property space receiving minor outflows at a category level. “The popularity of global products is pleasing to see. Exchange traded products provide a simple way to diversify portfolios, reducing the significant home bias which many local investors currently exhibit,” Vynokur says.

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Sal Esposito, Zacks Investment Management
Zacks Investment Management started doing investment research in 1978 and in 1992 started its investment management arm, initially with SMAs...
Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
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