Bringing you live news and features since 2006 

BetaShares reports new record high in Aussie ETFs

RELATED TOPICS​

Australia’s ETF industry has reached a new record high of AUD41.5 billion in assets under management, according to the BetaShares Australian ETF Review – August 2018.

BetaShares writes that August saw the industry’s assets grow by 3.7 per cent, AUD1.5 billion, two thirds of which was driven by asset appreciation, and the other third, AUD549.9 million from net new money flowing into the industry.
 
BetaShares CEO, Alex Vynokur, says: “It is exciting to see the ETF industry continuing its strong growth trajectory and reach yet another significant milestone.
 
“Breaking the AUD40 billion barrier reflects the increased demand from investors and showcases the versatility of ETFs. ETFs give investors access to intelligent building blocks with which to build diversified portfolios.”
 
According to BetaShares, International Equities continued to dominate as the largest category of inflows, accounting for over AUD312 million, followed by Fixed Income, attracting AUD180 million in net inflows.
 
In line with this trend, international technology exposures were the top performers in August, with the BetaShares Global Cybersecurity ETF (ASX: HACK) and BetaShares NASDAQ 100 ETF (ASX: NDQ) returning 12.7 per cent and 8.9 per cent respectively.
 
“Investors in technology exposures enjoyed very strong performance in the month of August, exemplifying one of the key benefits of ETFs – with investors able to easily access growth industries, such as cybersecurity, that have limited availability via Australian shares.”
 
No new products were launched during the month, with the total number of Exchange Traded Products trading on the ASX remaining at 231. However, Vynokur expects this number to increase for the remainder of the year following recent new product announcements.

Latest News

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..
Investors urgently need greater access to diversified investment strategies aligned with the Paris Agreement on climate change if the world..

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