On the new product front, roughly 150 new ETFs and ETNs have debuted this year in the U.S. and 485 around the world. Although the pace is moderating, some new ETFs are proving proficient at attracting assets. [These 10 New ETFs Have Rapidly Gained Assets]
“485 ETPs made their debut in 2013 and accumulated assets of $22bn through November. Of these new launches, 100 were Strategic Beta Equity funds with total assets of $5.5bn. New fund launches have been on the decline with 659 coming to market last year and more than 900 for each of the prior two years. In 2013, there were 211 funds and share classes delisted. This is on par with 2012, but higher than previous years,” said BlackRock.
Global ETP Number & Asset Growth by Year
Chart Courtesy: BlackRock.
ETF Trends editorial team contributed to this post.