The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Friday, August 16, 2019|
$5.7T, $4T, and Counting
The U.S. ETF industry has doubled in size in less than five years.
U.S. ETF AUM rose 1.6 percent last month, the ETFGI team estimates. Net inflows of $33.9 billion account for about half of that AUM growth. The industry had 2,280 funds from 151 providers.
The global ETF industry also made a new record last month, ending July at $5.74 trillion in AUM, the ETFGI team estimates, and the worldwide industry had 7,888 funds from 421 providers. The U.S. industry accounts for 70 percent of the industry's worldwide AUM, 29 percent of the funds, and 36 percent of the providers.
The ETFGI team also recently compared AUM for the global ETF and hedge fund industries. Per their estimates, the gap between ETF and hedge fund AUM rose 7.98 percent in Q2 to $2.39 trillion as of the end of June (when ETFs worldwide held $5.64 trillion and hedge funds held $3.25 trillion).
Printed from: MFWire.com/story.asp?s=60125
Copyright 2019, InvestmentWires, Inc.
All Rights Reserved