HONG KONG–(BUSINESS WIRE)–Intercontinental Trade (NYSE: ICE), a number one international supplier of know-how and information, in the present day introduced document 2024 progress in property below administration (AUM) for Trade Traded Funds (ETF) benchmarked to ICE’s indices listed on Asian exchanges. This progress was pushed by sturdy retail curiosity in fastened earnings and thematic investing within the area, and occurred as ICE has continued to broaden its international index providing to incorporate extra fastened earnings, thematic, fairness and worldwide indices that match the methods of the worldwide funding group.
In 2024, passive AUM benchmarked to ICE’s indices surged in Asia to an all-time-high of roughly $45.15 billion, on December 31, 2024, a rise of over 70% from the top of 2023, and 10x since ICE acquired the BofA Indices in October 2017. Though rising markets and powerful international curiosity in ETFs have supplied sturdy tailwinds, this progress additionally got here as index issuers launched a document variety of ETFs benchmarked to ICE’s indices throughout the area. In 2024, 30 new ETFs had been launched in Asia that had been benchmarked to ICE’s Indices, in comparison with the earlier document of 13 in 2023. In Taiwan alone, there at the moment are 53 ETFs from 15 issuers monitoring ICE’s indices, with mixed AUM up 67% on the finish of December 2024 in comparison with the top of 2023. Japan, Australia and South Korea additionally had document AUM progress over the identical interval of over 400%, 69% and 65%, respectively.
The expansion we have seen in our Asian index enterprise has mirrored the evolution we have witnessed the final 5 years as Asia has continued to develop into a serious asset administration heart, stated Magnus Cattan, ICE’s Vice President and Head of Shopper Improvement in Asia. We sit up for working with ETF issuers as we launch new indices that match the funding wants of buyers throughout the area.
ICE is a number one supplier of indices, providing over 7,000 international fairness, fastened earnings, commodity and international alternate indices to assist benchmarking and efficiency measurement by buyers. As of December 31, 2024, ICE accounted for roughly $2 trillion in AUM throughout lively and passive methods mixed.
Constructing on the power of our portfolio, fastened earnings continued to play a robust function within the progress in AUM of ETFs benchmarked to our indices all through 2024 as buyers took benefit of upper rates of interest and a broad choice of fastened earnings ETFs available in the market, stated Preston Peacock, Head of ICE Knowledge Indices. We’re happy to see that buyers in our core markets all through Asia and the remainder of the world are persevering with to undertake ETFs as a most popular option to make investments, and that our broad providing throughout equities, fastened earnings and commodities helps their funding methods.
ICE’s indices leverage the ICE Knowledge Companies Pricing & Reference Knowledge LLC’s in depth suite of pricing and reference information, which incorporates evaluated pricing on roughly 3 million securities and reference information on roughly 79 million lively and inactive monetary devices.
For extra details about ICE Knowledge Indices, LLC, please go to www.ice.com/market-data/indices.
About Intercontinental Trade (NYSE:)
Intercontinental Trade, Inc. (NYSE: ICE) is a Fortune 500 firm that designs, builds, and operates digital networks that join folks to alternative. We offer monetary know-how and information companies throughout main asset lessons serving to our prospects entry mission-critical workflow instruments that improve transparency and effectivity. ICE’s futures, fairness, and choices exchanges — together with the New York Inventory Trade — and clearing homes assist folks make investments, elevate capital and handle danger. We provide a few of the world’s largest markets to commerce and clear power and environmental merchandise. Our fastened earnings, information companies and execution capabilities present info, analytics and platforms that assist our prospects streamline processes and capitalize on alternatives. At ICE Mortgage Expertise, we’re reworking U.S. housing finance, from preliminary client engagement via mortgage manufacturing, closing, registration and the long-term servicing relationship. Collectively, ICE transforms, streamlines, and automates industries to attach our prospects to alternative.
Emblems of ICE and/or its associates embody Intercontinental Trade, ICE, ICE block design, NYSE and New York Inventory Trade. Data relating to extra emblems and mental property rights of Intercontinental Trade, Inc. and/or its associates is positioned right here. Key Data Paperwork for sure merchandise lined by the EU Packaged Retail and Insurance coverage-based Funding Merchandise Regulation may be accessed on the related alternate web site below the heading Key Data Paperwork (KIDS).
Secure Harbor Assertion below the Non-public Securities Litigation Reform Act of 1995 — Statements on this press launch relating to ICE’s enterprise that aren’t historic details are “forward-looking statements” that contain dangers and uncertainties. For a dialogue of extra dangers and uncertainties, which may trigger precise outcomes to vary from these contained within the forward-looking statements, see ICE’s Securities and Trade Fee (SEC) filings, together with, however not restricted to, the chance elements in ICE’s Annual Report on Kind 10-Okay for the 12 months ended December 31, 2023, as filed with the SEC on February 8, 2024.
Class: Fastened Revenue and Knowledge Companies
SOURCE: Intercontinental Trade
ICE-CORP
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Supply: Intercontinental Trade
