VanEck fastest growing ETF provider

VanEck has reported the most year-on-year growth for exchange traded fund (ETF) providers at 64%, while Vanguard is still the largest in terms of funds under management (FUM) in Australia.

VanEck reported growth of 64% over the last year to 31 October, followed by BetaShares with 62%, according to data from the Australian Securities Exchange (ASX).

Vanguard had the largest FUM at $33.7 billion, followed by iShares at $23.5 billion and BetaShares at $20.9 billion.

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FUM and year-on-year growth ETF providers as of 31 October 2021

Manager Name

FUM

Oct 31

YoY growth

VanEck

$8.6b

64%

BetaShares

$20.9b

62%

Vanguard

$33.7b

58%

iShares

$23.5b

36%

SPDR

$8.1b

35%

Source: ASX

Arian Neiron, VanEck Asia Pacific chief executive and managing director, said the firm had enjoyed that position over the last three years and expected to maintain in the coming year.

“Investors have gravitated towards VanEck’s investment strategies because of their quality and innovation; our ETFs are predicated on a robust investment thesis,” Neiron said.

“We expect to maintain our growth momentum as we continue to launch Australia-first ETF products, which are attracting flows from new clients to the business, as well as existing ones.

“From tomorrow, all investors will have access to international private equity investments, for the first time via an ETF.”




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