Nearly one quarter of ETF issuers at least doubled their AUM in the last twelve months. And seven of those fast growers now have more than $1 billion each.
| William F. Truscott|
Chief Executive Officer
18 of the 78 ETF issuers saw their AUM rise by at least 100 percent year-over-year, reports
Cinthia Murphy of ETF.com
. The fastest growing ETF shop, Columbia Threadneedle
, increased its AUM 7600 percent to $1.004 billion, thanks largely to its acquisition
last year of Emerging Global Advisors.
The biggest of these fast-growing ETF shops, ETF.com
notes, is Northern Trust
. AUM in its FlexShares
ETF business rose 100 percent to $13.131 billion, making it three times bigger than any other shop on the list.
Other fast-growing ETF shops with at least $1 billion in AUM include: Credit Suisse
, $3.608 billion, up 157 percent; Goldman Sachs
, $3.24 billion, up 191 percent; Exchange Traded Concepts
, $2.515 billion, up 717 percent; OppenheimerFunds
, $1.955 billion, up 113 percent; and Victory
, $1.2 billion, up 213 percent.
Neil Anderson, Managing Editor
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