ETPs reach $2 trillion milestone
The global Exchange Traded Products (ETP) industry has now surpassed $2 trillion in value, according to BlackRock research.
The company announced this week that ETP growth to the new level had followed a record-breaking year last year when ETPs attracted $262.7 billion in assets globally – a growth rate of 27 per cent over the previous 12-month period.
It said increased investment in ETPs was being seen in all major regions as a broad spectrum of institutional, professional and retail investors were using the products to access asset classes.
BlackRock global head of ETP Research Dodd Kittsley said the $2 trillion figure represented a notable milestone for the sector.
“The dynamics of the ETP market are changing and developing,” he said.
“As ETPs become better known and understood in different regions and amongst different types of investors, uptake is fast.”
Kittsley pointed out that it had taken the ETP industry 19 years to surpass $1 trillion in assets under management, which it did in 2009, and only a further four years to double this.
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