HONG KONG–( BUSINESS WIRE )– InterContinental Exchange (NYSE: ICE), a leading global technology and data provider, today announced record 2024 growth in assets under management (AUM) for its exchange-traded funds ( ETF) compared to ICE indices listed on Asian stock exchanges. This growth has been driven by strong retail interest in fixed income and thematic investing in the region, and has occurred as ICE continues to expand its global index offerings to include more fixed income indices, thematic indices, equity indices and international indices that align with global investment strategies. community.
In 2024, assets under management measured by the ICE indices in Asia rose to an all-time high of approximately US$45.15 billion, on December 31, 2024, up more than 70% from the end of 2023, and 10-fold since ICE acquired the Bank of India indices. America. in October 2017. Although rising markets and strong global interest in ETFs provided strong tailwinds, this growth also came as index issuers launched a record number of ETFs benchmarked to the ICE indexes across the throughout the region. In 2024, 30 new ETFs measured against the ICE indices were launched in Asia, compared to the previous record of 13 in 2023. In Taiwan alone, there are now 53 ETFs from 15 issuers tracking the ICE indices, with the total rising Assets under management increased by 67% at the end of December 2024 compared to the end of 2023. Japan, Australia and South Korea also recorded growth Record assets under management during the same period increased by more than 400%, 69% and 65%, respectively.
The growth we have seen in our Asian indexes business reflects the evolution we have seen over the past five years as Asia has continued to grow into a major asset management hub,” said Magnus Katan, ICE Vice President and Head of Client Development, Asia. . We look forward to working with ETF issuers as we launch new indices that align with the investment needs of investors across the region.
ICE is a leading index provider, offering over 7,000 global equity, fixed income, commodities and forex indices to support benchmarking and performance measurement by investors. As of December 31, 2024, ICE had approximately $2 trillion in assets under management across active and passive strategies combined.
Building on the strength of our portfolio, fixed income continued to play a strong role in the AUM growth of our index ETFs throughout 2024 as investors benefited from higher interest rates and a wider range of fixed income ETFs in the market. Preston Peacock, Head of ICE Data Indicators. We are pleased to see that investors in our core markets across Asia and the rest of the world continue to adopt ETFs as a preferred vehicle to invest, and that our broad offering across equities, fixed income and commodities supports their investment strategies.
ICE Indices leverage ICE Data Services Pricing & Reference Data LLC’s extensive collection of pricing and reference data, which includes evaluated pricing for approximately 3 million securities and reference data for approximately 79 million active and inactive financial instruments.
For more information about ICE Data Indices, LLC, please visit www.ice.com/market-data/indices.
About InterContinental Exchange (NYSE:)
Intercontinental Exchange, Inc (NYSE: ICE) is a Fortune 500 company that designs, builds and operates digital networks that connect people to opportunities. We provide fintech and data services across major asset classes to help our clients access mission-critical workflow tools that increase transparency and efficiency. Futures, stocks and options at ICE Exchanges – Including New York Stock Exchange –And Clearing houses Helping people invest, raise capital and manage risks. We offer some of the world’s largest markets for the trade and clearance of energy and environmental products. Our fixed income Data services Execution capabilities provide information, analytics and platforms that help our customers streamline operations and capitalize on opportunities. in ICE Mortgage TechnologyWe are working to transform housing finance in the United States, from initial consumer engagement to loan production, closing, enrollment, and long-term servicing relationship. Together, ICE transforms, simplifies and automates industries to connect our customers to opportunity.
ICE and/or its affiliates’ brands include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. is contained therein. And/or its affiliates here. Basic information documents for certain products covered by the EU Regulation for Retail and Insurance-Based Investment Products can be accessed on the relevant stock exchange website under the heading Key Information Documents (KIDS).
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 Statements in this press release regarding ICE’s business that are not historical facts are “forward-looking statements” that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in forward-looking statements, see ICE’s Securities and Exchange Commission (SEC) filings, including, without limitation, the risk factors included in ICE’s Annual Report . A report on Form 10-K for the year ended December 31, 2023, as filed with the Securities and Exchange Commission on February 8, 2024.
Category: Fixed income and data services
Source: Intercontinental Stock Exchange
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Source: Intercontinental Exchange
