ETFGI, a research and consultancy firm, reported on Aug. 6 that exchange traded funds (ETF) and exchange traded fund products (ETP) listed globally have extended their lead over assets invested in the global hedge fund industry to US$2.39 trillion at the end of Q2 2019.
This is an increase of 7.98% over the gap at the end of Q1 2019, says to ETFGI’s Q2 2019 Global ETF and ETP industry landscape insights report.
At the end of the second quarter of 2019, US$5.64 trillion was invested in 7,909 ETFs/ETPs listed globally compared to US$3.25 trillion invested in 8,258 Hedge Funds listed globally, says the firm.
“The 4.46% growth in assets invested in ETFs/ETPs over Q2 2019 outpaces 2.01% growth in assets in hedge funds over the same period. In contrast, growth over Q1 2019 was 12% and 2.38%, respectively,” says ETFGI.