ETF assets worldwide up 24.6% year to date
05 December 2012
By Toby Garrod
Through end of November, ETF assets worldwide have increased by 24.6% year to date, from US$1.36 trillion to $1.69 trillion, according to a report from independent research and consultancy firm ETFGI published Wednesday (December 5). Further findings from the report are published below.
iShares gathered the largest net ETF inflows YTD with $65.9 billion, followed by Vanguard with $54 billion and SPDR ETFs with US$20.6 billion. Meanwhile, Vanguard gathered the largest net ETF inflows for November alone with $7.7 billion, followed by iShares with $7.1 billion and SPDR ETFs with $4.7 billion.
Commerzbank experienced the largest net ETF outflows YTD at $1.45 billion, followed by Direxion with $887 million and EasyETF with $831 million. For November alone, Harvest FM experienced the largest net ETF outflows at $3.7 billion, followed by DB/x-trackers with $521 million and Nikko AM with $319 million, according to the report.
At the end of November, the global ETF industry had 3,336 ETFs, with 7,610 listings from 180 providers on 54 exchanges. Average daily ETF trading volumes increased by 7.6% from $56 billion in October to $60 billion in November.
Advancing asset class
In November, 28 new ETFs were launched by 15 providers on 11 exchanges, while 3 ETFs delisted. YTD through end of November, 438 new ETFs have been launched by 89 providers on 28 exchanges, while 127 ETFs have delisted.
The top 100 ETFs, out of 3,336, account for 61.8% of Global ETF assets. 261 ETFs have greater than $1 billion in assets, while 2,218 ETFs have less than $100 million in assets, 1,846 ETFs have less than $50 million in assets and 827 ETFs have less than $10 million in assets.
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