State of the South African Exchange Traded Product (ETP) Industry – as at 28 March 2024
15 April 2024 | Investments | ETF's (Exchange Traded Funds) | Mike Brown, Managing Director at etfSA.co.za
INDUSTRY OVERVIEW
The total market capitalisation of the entire South African ETP industry increased from R165,4 billion at the end of 2023, to 178,2 billion at the end of the first quarter of 2024, a rise of 7,7%.
The listed index tracking business therefore continued its consistent growth of recent times, partly driven by the increase in the value of the foreign referenced
ETPs that reflected the growth in global equities in the first quarter of this year, plus the raising of over R4,6 billion from the issue of new ETP securities on the JSE, during the first 3 months of this year.
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