Global ETF assets have hit an all time high of USD862 billion at the end of July 2009 – 7.0% above the previous all time high of USD805 billion set in April 2008, according to the latest figures from Barclays Global Investors.
The global ETF industry had 1,768 ETFs with 3,129 listings, and assets of USD862 billion from 94 providers on 42 exchanges around the world at the end of July 2009. YTD assets have risen by 21.2% which is more than the 13.5% rise in the MSCI World Index in US dollar terms.
European ETF assets have hit an all time high of USD183 billion at the end of July 2009 which is 8.4% above the previous all time high of USD168 billion set in May 2009 and 14.2% above the high of USD160 billion recorded in July 2008. The European ETF industry had 753 ETFs with 1,890 listings, with assets of USD183 billion, from 32 providers on 20 exchanges at the end of July 2009. YTD assets have risen by 28.2% which is more than the 15.2% rise in the MSCI Europe Index in US dollar terms.
“The global ETF industry has grown from nothing into a multi-billion sector in 16 years, and there are no signs that investor interest in ETFs is fading, despite the current market,” says Deborah Fuhr, global head of ETF Research & Implementation Strategy at BGI.
L.D.