- ETC assets now stand $13.1bn, up 85% YTD due to inflows;
- ETFS Physical Gold (PHAU) experienced record inflows in the last two weeks with new investments totalling over $646mn;
- Newly launched 3rd generation ETF platform AUM now exceeds $150m;
- Recent expansion into US and Japan to fuel growth….
ETF Securities (ETFS), the global pioneer of Commodity ETCs and 3rd generation Exchange Traded Funds (ETFs), announced today that its global assets under management (AUM) now exceed $13bn, up 85% or $6bn since the beginning of 2009. This strong rise in AUM this year is the result of continued strong inflows into Commodity ETCs and also commodity-equity ETFs.
Physically-backed gold ETCs have experienced the largest inflows, gathering over $1.4bn over the period. With $7.1bn in assets, ETF Securities’ gold ETCs now hold more gold than any other gold ETP in Europe, and the second largest in the world. ETFS Natural Gas and ETFS Agriculture have also been popular with $800mn flowing into natural gas ETCs and $600mn flowing into agriculture ETCs. 17% of commodity ETC assets are now invested in energy ETCs, 11% in agriculture ETCs while precious metal ETCs still remain the most popular sector with 67% of commodity ETC assets. In total, trading volumes continue to remain around $800mn per week.
ETF Securities’ newly launched European ETF platform (with trading on the LSE, NYSE-Euronext, Borsa Italiana, Deutsche Boerse and the Irish Stock Exchange) is also experiencing strong inflows in August with its AUM now exceeding $150mn based on its newly listed European-equity double short and double leveraged ETFs, and also its gold miners ETF: ETFX Russell Global Gold Mining Fund (AUCO). Trading volumes have risen to approximately $70mn per week.
Due to the success of Commodity ETCs in Europe, ETF Securities recently expanded its coverage with the opening of an office in Tokyo and launch yesterday of Japan’s first ever commodity ETF precious metals platform on the TSE, allowing investors to gain exposure to physical precious metals. The platform consists of five physically backed Commodity ETFs offering exposure to gold, silver, platinum, palladium and a basket of these four metals. This is the first time that silver, platinum, palladium or a precious metals basket have been made available to Japanese investors through ordinary brokerage accounts.
The Tokyo Stock Exchange listing follows the expansion of ETF Securities into the US market with the appointment last month of ETFS Marketing LLC to provide marketing, investment research and public relations strategies in the US and the launch by ETF Securities USA LLC of the ETFS Silver Trust (NYSE Arca: SIVR) which now exceeds $100mn after just 4 weeks of trading. The listing is ETF Securities’ first product in the US with SIVR experiencing high trading volumes since launch.
Commenting on ETF Securities’ success to date, Nik Bienkowski, Chief Operating Officer said:
“ETF Securities is determined to continue providing robust, transparent and market leading products to investors. With the success of Commodity ETCs in Europe, it made sense for ETF Securities to increase their accessibility via expansion and listings in new regions. The listings in the US and Japan in the past month means that Commodity ETCs and ETFs are now available on eight exchanges and in five currencies. Reaching $13bn in assets with growth of 85% in 2009 is a testament to the robustness of our products.”
Source:ETFWorld.co.uk – ETFSecurities
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