S&P reports record breaking ETF launches

This unprecedented year-on-year growth of 46% meant that by the end of 2010 there were 301 ETFs following S&P benchmarks around the world. The provider says that the majority of its growth is now coming from outside the US, with 29 European product launches making up over 30% of new S&P ETFs. Last year, the company licensed its S&P 500 index to eight different product providers in Europe - including Lyxor, Deutsche Bank and Credit Suisse - enabling greater investor access to the US equity market. S&P also negotiated a licensing agreement with Bosera Asset Management, paving the way f...