Global ETF assets have grown to over $1trn marking a record high, according to research by BlackRock.
The ETF Landscape: Industry Preview shows global ETF assets reached $1,032bn at the year end 2009, exceeding the previous all time high of $982bn in November 2009 by 4.3%.
The report shows the global ETF market had 1,939 ETFs, with 3,775 listings from 109 providers on 40 exchanges around the world.
In Europe, ETF assets hit a record high of $223bn at year end 2009, marking a 3.1% increase above the previous all time high of $217bn achieved in November last year.
The European ETF industry had 821 ETFs, with 2,359 listings, from 32 product providers across 18 exchanges.
There were also 184 other exchange-traded products (ETPs) with assets of $19.1bn from six providers on six exchanges.
In the US, ETF assets hit a record high of $705bn at year end 2009, exceeding the previous all time high of $665bn in November last year.
The report says the US ETF industry had 772 ETFs, from 28 providers on two exchanges at the end of December 2009.
In addition, there were 142 other ETPs in the US with assets of $88.1bn from 17 providers on one exchange.
All-day event on 24 April
Consequences could be more severe than in stress tests
AFH has six segregated mandate funds
Variable operating expenses