From a global standpoint, exchange traded funds (ETFs) are truly a prime investment tool. Morgan Stanley’s Institutional Equity group presented the numbers to back that up on Jan. 31. Heather Bell for Index Universe summarizes the report.

  • ETF assets worldwide are at $796.60 billion, almost a 41% increase from 2007.
  • The total number of ETFs in the world is at 1,171 primary listings, a jump of 64% over 2006.
  • The United States represents the largest market, with 601 ETFs and $580.71 billion assets.
  • Europe has 423 primary listings.
  • The United States has 400 ETFs still awaiting approval and Europe has 90 in the pipeline.

As you can see, established markets have the majority of growth in ETFs, but a number of smaller markets will be adding listings in 2008. The global ETF market is just beginning.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.