Independent research and consulting firm, ETFGI has published its most recent figures on global exchange-traded fund (ETF) trends, showing the ETF industry surging ahead of hedge funds at the end of 2023 and in the first quarter of 2024.
At the end of the first quarter in 2024, the assets invested in the global ETF industry beat the global hedge fund industry by $8.4-trillion (all figures in U.S. dollars).
“During Q1 2024, the global hedge fund industry gathered net inflows of $16.57-billion while the global ETF industry gathered net inflows off $397.61-billion,” the firm states.
At the end of the first quarter, they say the global ETF industry had $12.71-trillion invested in 12,127 products. Comparatively, the hedge fund industry had $4.30-trillion invested in 8,188 funds.
“Growth in assets invested in the global ETFs industry has outpaced growth in the global hedge fund industry since the financial crisis in 2008,” they write.
