“According to our analysis published on April 24th, assets in the global ETF/ETP industry reached a new record of US$2.926 trillion at the end of Q1 2015, while assets in the global hedge fund industry, according to a new report published by Hedge Fund Research (HFR), reached a record US$2.939 trillion. Assets in the ETF/ETP industry have been gaining on those invested in the hedge fund industry with the difference narrowing from US$230 billion at the end of 2013 to just US$13 billion at the end of Q1 2015,” according to a note published by ETFGI last month.
Assets in U.S.-listed exchange traded products rose to a record $2.132 trillion at the end of April, according to ETFGI.
“Of the 2,207 product launches, 1,929 have been ETFs and 278 have been ETNs. Meanwhile, the 500 closures consist of 430 ETFs and 70 ETNs. So far, ETF survivability has been 77.7% and ETN survivability comes in at 74.8%,” said Rowland.
U.S. ETF and ETP Growth
Chart Courtesy: ETFGI