ETFWorld.co.uk
londra 7

2008 was a very good year for Exchange Traded Funds “ETFs”

 

While 2008 was a catastrophic year for the markets and many

 

While 2008 was a catastrophic year for the markets and many investment products. There was almost no where to hide from the crash of 2008. The crash of 2008 was fast, deep and volatile. Just about the only assets to prosper were government bonds of developed countries and gold.

In the current market turmoil investors are becoming even more concerned about counterparty risk, transparency, liquidity and the use of derivatives and structured products. As a result, the use of ETFs to implement exposure to cash, fixed income, commodities and equity indices is becoming more popular.

Just about the only product to see net inflows in 2008 were Exchange Traded Funds “ETFs”. On a global basis ETF net sales were US$ 187.5 billion while net sales of mutual funds were minus US$256.7 billion through the end of October according to Strategic Insight.

 

Global ETF and ETP Industry 2008:

· At the end of 2008 the Global ETF industry had 1,590 ETFs with 2,658 listings, assets of $711.0 billion, from 85 providers on 42 exchanges around the world.

· In 2008 assets fell by 10.8% which is less than the 42.08% fall in the MSCI World index in USD terms.

· In 2008 the number of ETFs increased by 36% with 472 new ETFs launched.

· In 2008 exchanges with official listings increased by one to 42.

· In 2008 the average daily trading volume in USD increased by 32.5% to US$80.4 Billion.

· Standard & Poors (S&P) ranks 1st with US$203.09 Bn in ETF AUM tied to their benchmarks, while MSCI ranks 2nd with US$136.62 Bn, followed by Russell in 3rd with US$57.62 Bn.

· There are currently plans to launch 604 new ETFs.

· Globally, net sales of mutual funds (excluding ETFs) were minus US$256.7 Bn, while net sales of ETFs were US$187.5 Bn during the first 10 months of 2008 according to Strategic Insight.

· Additionally, there were 271 other ETPs (Exchange Traded Products) with assets of US$53.23 Bn from 28 providers on 15 exchanges.

 

European ETF and ETP Industry 2008:

· At the end of 2008 the European ETF industry had 632 ETFs with 1,539 listings, assets of $142.82 billion, from 29 providers on 19 exchanges.

· In 2008 assets have risen by 11.2%, which is greater than the 47.87% fall in the MSCI Europe index in USD terms.

· In 2008 the number of ETFs increased by 49% with 219 new ETFs launched.

· In 2008 the average daily trading volume in US dollar has increased by 22% to US$2.03 billion.

· In Europe net sales of mutual funds (excluding ETFs) were minus US$505.7 Bn while net sales of ETFs domiciled in Europe were US$61.6 Bn during the first 10 months of 2008 according to Lipper Feri.

· Additionally, there were 124 other ETPs (Exchange Traded Products) with assets of US$7.09 Bn from 2 providers on 6 exchanges.

 

U.S. ETF and ETP Industry 2008:

· At the end of 2008 the US ETF industry had 698 ETFs, assets of $497.12 billion, from 18 providers on 3 exchanges.

· In 2008 assets fell by 14.4%, which is less than the 38.58% fall in the MSCI World index in USD terms.

· In 2008 the number of ETFs increased by 16% with 144 new ETFs launched.

· In 2008 the average daily trading volume in US dollar has increased by 33% to US$77 billion.

· In the US net sales of mutual funds (excluding ETFs) were US$270.9 Bn, while net sales of ETFs domiciled in the US were US$109.6 Bn during the first 10 months of 2008 according to Strategic Insight.

 

 

 

· Additionally, there were 136 other ETPs (Exchange Traded Products) with assets of US$45.34 Bn from 18 providers on 2 exchanges.

 

Source: ETFWorld.co.uk -Barclays Global Investors

Related Articles

GraniteShares single stock FTSE 100 leveraged and short ETPs deliver returns of between +194.9% and -86.5%

Editorial Staff

Lyxor ETF Modification of the Fund’s Benchmark Index methodology – Lyxor FTSE Italia Mid Cap PIR (DR)

Editorial Staff

Tabula Investment Management ETF up 23.2% since 20th February 2020

Editorial Staff