MutualFundWire.com: 18 ETF Shops Double Their AUM, Or Better

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Monday, March 27, 2017

18 ETF Shops Double Their AUM, Or Better

Nearly one quarter of ETF issuers at least doubled their AUM in the last twelve months. And seven of those fast growers now have more than $1 billion each.

William F. Truscott
Columbia Threadneedle
Chief Executive Officer

18 of the 78 ETF issuers saw their AUM rise by at least 100 percent year-over-year, reports Cinthia Murphy of ETF.com. The fastest growing ETF shop, Columbia Threadneedle, increased its AUM 7600 percent to $1.004 billion, thanks largely to its acquisition last year of Emerging Global Advisors.

The biggest of these fast-growing ETF shops, ETF.com notes, is Northern Trust. AUM in its FlexShares ETF business rose 100 percent to $13.131 billion, making it three times bigger than any other shop on the list.

Other fast-growing ETF shops with at least $1 billion in AUM include: Credit Suisse, $3.608 billion, up 157 percent; Goldman Sachs, $3.24 billion, up 191 percent; Exchange Traded Concepts, $2.515 billion, up 717 percent; OppenheimerFunds, $1.955 billion, up 113 percent; and Victory, $1.2 billion, up 213 percent.

Printed from: MFWire.com/story.asp?s=55977

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