State of the South African Exchange Traded Product (ETP) Industry
15 July 2024 | Investments | ETF's (Exchange Traded Funds) | Mike Brown, Managing Director at ETFSA
1. Industry Overview
The market capitalisation of the entire ETP industry, at the end of the second quarter of 2024, amounted to R188,1 billion. This signifies a rise of 13,6% in the market cap since December 2023.
The overall assets under management (AUM) increase of some R22,6 million, stems from:
• Fresh capital raised by the total ETP industry of R10,4 billion for new listings or the issue of additional securities for ETP securities already listed on the JSE.
• The improvement in general equity markets, for the first 6 months of this year. For instance, the MSCI World Equity index (in rands) grew by 8,3% and the JSE All Shares index by 6,3% over this period.
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