Register  
ETFs hit $6bn
Thursday, 4 October 2012 12:50pm

Growth in Exchange Traded Funds has slowed in the last few years but in the year to end September 2012 they still increased 16% to reach $5.7 billion, according to the ASX.

This FUM is equivalent to about 9% of indexed Australian equities, based on separate research by Rainmaker, but only about 0.5% of stock market capitalisation.

There are five major ETF providers, StateStreet with 48% of the market, iShares with 23%, Vanguard with 9%, and BetaShares and Russell with 3% each.

Other providers control only 14% of the market, showing how handling ETFs is a sophisticated service that only a few providers can master, let alone draw sustainable scale and profit from.

Australian based strategies account for 47% of ETF business.

But the popularity of using locally listed ETFs to access and mirror international indices is becoming significant with these strategies now accounting for 16% of ETF business.

Fixed income ETFs make up a small but noteworthy 7% of the market.

The largest ETFs by traded volume during September were the StateStreet SPDR S&P/ASX 200, followed by the GOLD-ETFS Physical Gold ETF, the IVV iShares S&P 500, the BetaShares US Dollar ETF and the BetaShares Australian High Interest Cash ETF.

While there are 22 broad and sector Australian ETFs available, there are now 21 international ETFs.

There are also 10 fixed interest and cash ETFs available, including ETFs that reflect Australian bonds, government bonds, corporate bonds, and the US equivalents.

Currency and commodity ETFs make up a further 23, reports the ASX.

Blogs
Follow the industry experts.
Christopher Page
Christopher Page
Managing Director

It needs to be said, most advisers are great advisers
Emotions are running high among financial advisers and it's not surprising. Over the past year, but especially over the last few weeks ...read more
 
Benjamin Ong
Benjamin Ong
Chief Economist

Reflation, rotation and the taper
'Tis being my final type (drivel, to some gentle readers) for the year, we'll take a look back at the 2013 that was to seek the lessons ... read more
 
Alex Dunnin
Alex Dunnin
Director of Research & Editorial Services

We need leadership, but whose?
What do you call a leader with no followers? Just someone out taking a walk. Financial services is an odd industry sector in that ... read more
News Search   
VideoBrought to you by
Platinum Asset Management
Reflecting on more than three decades in the industry, Platinum Asset Management managing director Kerr Neilson says one of the changes in the industry has the been the erosion of the information advantage ... Watch video
MAX 2014 Highlights
The annual MAX forum places all the movers and shakers in financial services when it comes to sales, marketing and distribution. Find out the recipe of those who are taking the lead. Watch the video n ... Watch video
Member Awareness
Lawyer involvement in the claim assessment stage can lead to the member being financially worse off and increases claims administration costs. What can be done to reduce lawyer involvement in the claim ... Watch video
AMP Capital Australian Equity Concentrated Fund
We invite you to watch our latest video program on FSiTV featuring AMP Capital's Co-Head of Australian Fundamental Equities Gian Pandit, as interviewed by Mark Smith, deputy editor of Financial Standard. In ... Watch video
Who wants to be a RockStar 2014 Highlights
Count's Chris Mekhail was crowned 2014 Rockstar this year for his soaring rendition of Swedish House Mafia hit 'Don't You Worry Child' at the annual Who wants to be a RockStar event organised by the Finance ... Watch video
Claims Management
Is the industry doing enough to engage employers in relation to their role in the claims process? Comments by: Annette Torrington -CommInsure, Pauline Vamos - Association of Superannuation Funds Australia ... Watch video
Get it
Daily
FREE to your inbox, get the Financial Standard Daily Email.
Get the Free
iPad app
Download the Financial Standard iPad app for FREE
Industry
Events
JUL
30
AUG
06
FSC Annual Conference 2014 - Accelerate
13
Equities Forum
14
Alternative Investments 2014 Conference
26
Best Practice Forum: Managed Accounts
SEP
10
Risk and Liquidity Forum
News
Bites

$245 (inc GST) for 1 year
 
 
Copyright © 1992-2014 Rainmaker Group
All material on this site is subject to copyright. All rights reserved. No part of this material may be reproduced, translated, transmitted, framed or stored in a retrieval system for public or private use without the written permission of the publisher.
Link to something bjcZLSba