ETFGI, a prominent independent research and consultancy firm specializing in providing subscription research on trends in the global ETFs industry, reported today that there were 27 new product launches and 9 product closures during the week of August 12th, resulting in a net increase of 18 new products.
The distribution of the 27 new product launches during the past week was: 11 in Asia Pacific (ex-Japan), 10 in the US, 4 in Canada and 1 in Europe and Middle East and Africa. In terms of closures, the US experienced 8 closures and 1 in Asia Pacific (ex-Japan).
The majority of new products were actively managed: 15 Active, 7 index Equity, 4 Leverage and 1 index Fixed Income.
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New ETF launches and ETF closures in the Global ETFs industry during the week of August 12th
Source: ETFGI, ETF issuers and exchanges.
