ETF Launches Are Already on Track to Top Last Year’s Record Pace
- 50 funds launched this year, up from 38 at this point in 2021
- Pent-up demand, rise in active strategies are driving growth
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Issuance of new exchange-traded funds are piling up this year and threatening to overtake 2021’s historic boom as firms bet big on continued growth.
According to Bloomberg data, 50 new funds have launched in 2022, compared with 38 at this point last year. There’s also been an uptick in the total number of actively managed strategies this year to 33 from 27, reflecting the growing preference for ETFs over mutual funds, said EQM Capital Chief Executive Officer Jane Edmondson.