Global ETF industry scales new heights as it approaches 30th anniversary: BetaShares Global ETF Review
SYDNEY, 20 February 2020: Research released today by leading ETF manager, BetaShares, shows that 2019 was a record-breaking year for the global ETF industry, which ended the year at US$6.35 trillion in assets under management (AUM), reflecting rapid year-on-year growth of 32%. AUM increased a significant 11.5% over the final quarter of 2019 alone.
BetaShares CEO, Alex Vynokur, said: “As the 30th anniversary of the launch of the world’s first ETF approaches, the growth across the global ETF industry mirrors trends we’re seeing in Australia, including investors’ preference for passive investment vehicles.”
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