Fixed Income and Thematic Investing Driving AUM for ETFs with ICE Indices to Record Level in Asia Pacific by 2024 – Investing.com
HONG KONG–( BUSINESS WIRE )– Intercontinental Exchange (NYSE: ICE ), the technology and data leader, today announced record growth for 2024 in assets under management of Exchange Traded Funds (ETFs) based on ICE’s indices. Listed on Asian exchanges. This growth is driven by strong retail interest in fixed income and equity investing in the region, and comes as ICE continues to expand its global index offering to include more fixed income, thematic, equity and global indices with global investment strategies. community.
In the year By 2024, passive AUM compared to ICE Indices has increased significantly to nearly $45.15 billion in Asia, as of December 31, 2024, up more than 70% from the end of 2023 and 10x since ICE acquired BofA Indices in October 2017, despite rising markets and strength in ETFs. The latter offered strong international demand Wind, this growth comes as index issuers launch a number of ETFs benchmarked against ICE indices in the region. In the year In 2024, 30 new ETFs were launched in Asia against ICE indices, compared to the previous record of 13 in 2023. In Taiwan alone, there are now 53 ETFs from 15 issuers tracking the ICE indices, with combined AUM up 67%. In the year By the end of December 2024 compared to the end of 2023. Japan, Australia and South Korea also had AUM records during the same period of over 400%, 69% and 65%, respectively.
“The growth we’ve seen in Asia’s Asia Index business reflects the evolution we’ve seen over the past five years as Asia continues to grow into a major asset management hub,” said Magnus Kattan, ICE’s vice president and head of client development for Asia. . We look forward to working with ETF issuers as we launch new indices that match the investment needs of investors in the region.
ICE is a leading provider of benchmarking and performance measurement for investors, offering more than 7,000 global equity, fixed income, yield and foreign exchange indices. As of December 31, 2024, ICE has approximately $2 trillion in AUM across active and passive strategies.
Based on the strength of our portfolio, fixed income continues to play a strong role in the growth of AUM of ETFs as investors choose higher interest rates and a wider range of fixed income ETFs in the market. Preston Peacock, ICE’s Head of Data Indexes. We are pleased to see that investors in our core markets across Asia and the rest of the world continue to accept ETFs as their preferred investment vehicle and that our broad offering in equities, fixed income and commodities supports their investment strategies.
ICE Indices uses ICE Data Services Pricing and Reference Data LLC’s extensive pricing and reference data, which includes estimated prices of approximately 3 million securities and reference data on approximately 79 million passive financial instruments.
For more information about ICE Data Indices, LLC, please visit www.ice.com/market-data/indices.
About the Intercontinental Exchange (NYSE:
Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds and operates digital networks that connect people with opportunity. We provide financial technology and data services across key asset classes, helping our clients achieve mission-critical workflow tools that increase transparency and efficiency. ICE Futures, Equity and Options Exchanges – including New York Stock Exchange — and Cleaning houses Helping people invest, raise capital and manage risk. We offer some of the world’s largest markets for trading and clearing energy and environmental products. Our fixed income, Data services And execution capabilities provide data, analytics and platforms that help our customers streamline processes and take advantage of opportunities. as if ICE Mortgage TechnologyWe are transforming US home finance from initial consumer engagement through loan production, closing, underwriting and long-term servicing relationships. Together, ICE transforms, streamlines and automates industries to connect our customers with opportunities.
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Safe Harbor Statement of the Private Securities Litigation Amendment Act of 1995 — This press release contains “forward-looking statements” that are not historical facts regarding ICE’s business and that involve risks and uncertainties. For a discussion of additional risks and uncertainties that could cause actual results to differ materially from those contained in forward-looking statements, see ICE’s Securities and Exchange Commission (SEC) filings, including, but not limited to, ICE’s annual risk factors as of February 8, 2024 as filed with the SEC through December 31; Report on Form 10-K due 2023.
Category: Fixed Income and Data Services
Source: Intercontinental Exchange
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Source: Intercontinental Exchange