Global exchange-traded product assets hit $1.14 trillion, a new all-time high, according to a new report from BlackRock. That figure was up 48 percent from the close of 2008.
Total ETP listings rose as well, albeit more slowly, from 2,103 to 2,508.
The bulk of the ETP assets at the end of November 2009 were in U.S.-listed ETFs, which held $754 billion, up 39 percent from the end of 2008. At the end of November 2009, there were 896 U.S.-listed ETPs, up from 834 at the start of the year.
In Europe, the story was more dramatic, with assets surging 58 percent, from $150 billion to $237 billion. The number of listings jumped from 756 to 969, an increase of 28 percent. The region is clearly still in a period of heavy growth in ETFs and other ETPs.
Asia Pacific (ex-Japan) is still in the earliest stages of its growth, with total assets in the region of just $39 billion. That belies overall ETF use, however, as many institutional investors in the region have significant money in U.S.-listed ETFs.
In Japan, ETF assets were actually down 11 percent from the end of 2008, to roughly $24 billion, even though their numbers increased slightly, from 61 to 67. Other ETP assets were up just about 8 percent, to $370 million in just five separate products, one of which was added during the first 11 months of 2009.
|
