The ETF market reached US$1.4 trillion at the end of the first half as ETF growth continued, according to BlackRock's Industry Review H1 2011.
At the end of June 2011, the global ETF industry had 2,825 ETFs with 6,229 listings from 146 providers on 49 exchanges around the world. This compares to 2,459 ETFs with 5,554 listings from 136 providers on 46 exchanges at the end of 2010. Assets increased from $1.3 trn at the end of 2010 to more than $1.44 trn at the end of the first half of 2011. Global ETF new fund flows totaled $62.8 billion this year to the end of May; while flows for the whole of 2010 stood at $172.8bn. This growth is attributed to a number of factors, including the number and types of indexes covered, more f...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes