Combined, there are nearly $10 trillion in global assets benchmarked to Russell and FTSE indexes.
Globally, FTSE is one of the largest providers of indexes for use by ETFs tracking Chinese stocks. In December, the firm said China ETFs tracking its indexes topped a combined $24 billion for the first time.
“With the IMF recently announcing that China has overtaken the USA to claim the title of the world’s largest economy, FTSE has continued to support market participants’ ever-increasing demand for access to the country. With a strong track record of developing China-focused benchmarks, FTSE offers a range of products for global and domestic participants. In November 2014, ETF AUM tracking FTSE China Index Series reached over $24bn for the first time,” said FTSE in a statement. [FTSE China ETFs top $24B in Assets]
ETF Trends editorial team contributed to this post.