Local ETF industry on track for $300bn, fund manager says

Posted by Anton Murray Consulting on 14 Jan, 2025

InvestorDaily

Australia’s ETF market has enjoyed a string of successes in 2024, with recent analysis hinting the asset class is poised for further significant growth. The Australian exchange traded fund (ETF) industry’s market cap has reached a new high of $247 billion, according to new research from VanEck, following growth of 38 per cent growth in 2024 and inflows of $35 billion. The top four issuers, including Vanguard, Betashares, iShares and VanEck, accounted for almost 99 per cent (98.8 per cent) of total flows for the year.

In December alone, monthly net flows also hit an all-time high of nearly $4 billion, with the top four accounting for 96.4 per cent of net flows. Commenting on the data, VanEck said it believes the local market could expand to over $250 billion in the first quarter and top $300 billion by the end of the year. “Looking ahead, the growth trajectory for ETFs is expected to continue unabated,” the fund manager said on Friday.

The rest of this article can be found at investordaily.com.au.

Latest market insights

Australian Dollar rebounds modestly from multi-year lows

› Read more

Gold could surpass US$3.1k in 2025, this wealth giant says

› Read more

Centuria Bass Credit names former Wallabies vice-captain as deputy CEO

› Read more

Local ETF industry on track for $300bn, fund manager says

› Read more

Westpac CFO retires, bank to gear up for new leadership

› Read more

X feed

Australian Dollar rebounds modestly from multi-year lows: https://ow.ly/PofX50UFQ3A

Gold could surpass US$3.1k in 2025, this wealth giant says: https://ow.ly/8X8h50UFQ0f

Local ETF industry on track for $300bn, fund manager says: https://ow.ly/ZXCL50UFPSu

Centuria Bass Credit names former Wallabies vice-captain as deputy CEO: https://ow.ly/YVAJ50UFPNx

Sign up to our newsletter

Sign up to our newsletter

"*" indicates required fields

By subscribing to our newsletter I agree to the collection, use and disclosure of my personal information in accordance with our Privacy Policy