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Global ETF Review Full Year 2019

Summary

Echoing trends we’ve observed in the Australian ETF industry, it was another year of growth and innovation, with some very big numbers ‘knocked out’ by the global ETF industry.

A few top-line numbers:

  • The global ETF industry ended 2019 at a record high of assets under management of US $6.35 trillion
  • Year of year AUM growth of 31% significantly exceeds the long term 10-year growth rate of 19% p.a.
  • This year will mark the 30th anniversary of the launch of the world’s first ETF – on 9 March 2020 it will have been 30 years since the launch of thee first successful ETF globally (a broad-market Canadian equities ETF which was launched on the TSX in Canada)

This report highlights investors’ continued preference for passive investment vehicles, with assets in passive managed funds and index ETFs exceeding those in active managed funds for the first time in the third quarter of last year.

2019 also saw very strong inflows into fixed income ETFs, which in the U.S. almost matched inflows into equity ETFs, as well as a further increase in the share of inflows taken by North American exposures.

Read more...

  •   27 February 2020
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