$781 Billion in Global ETP AUM Based on Indices Published by S&P Dow Jones Indices
-- Represents Nearly 20% Increase in AUM over 2013
-- 606 ETPs linked to S&P DJI Indices as of December 12, 2014
-- Augmented factor-based index family through the launch of 27 new headline factor indices
NEW YORK, Dec. 18, 2014 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI"), announced today that as of December 12, 2014, the assets under management (AUM) of exchange traded products (ETPs) based on its indices has reached $781 billion, representing a 20% increase over 2013 and a 31% market share -- more than twice as much as the next index provider. More assets are invested in ETPs (ETFs + ETNs) based upon indices calculated and published by S&P DJI than any other index provider in the world.
As of December 12, 2014, there are 606 ETPs linked to indices calculated by S&P DJI. In addition, approximately 25% of ETF issuers globally have a product based on an index published by S&P DJI.
"S&P Dow Jones Indices has seen tremendous growth in our ETP licensing business across various asset classes and regions in 2014," says Alexander Matturri, CEO of S&P Dow Jones Indices. "Through our close working relationships with ETF providers, unrivaled leadership position in teaming with the world's leading exchanges, and success this year in expanding into emerging and frontier markets, not only are we anchored as the index provider of choice for market participants but are firmly positioned to continue to grow our business and global position in 2015 and beyond."
As an innovator of factor-based indices, S&P DJI has a long history of developing non-market cap weighted indices starting with the S&P 500® Equal Weighted Index launched in 2003 and the forerunner to today's interest in factor-based indices and products. S&P DJI continues to develop its factor-based index offering evidenced by the 27 new factor-based indices created and launched by S&P DJI in 2014.
S&P DJI factor-based indices currently underlie over $70 billion in ETP AUM, which represents an approximate 35% increase over 2013. Most recently, S&P DJI launched the S&P Momentum Indices, a brand-new factor-based index family designed to measure the performance of securities in the global equity markets that exhibit persistence in their relative performance. The momentum factor reflects the theory that relative strength strategies that rank stocks based on their past returns predict relative performance over the next 3-12 months.
To learn more about S&P Dow Jones Indices, please visit: www.spdji.com.
About S&P Dow Jones Indices
S&P Dow Jones Indices LLC, a part of McGraw Hill Financial, is the world's largest, global resource for index-based concepts, data and research. Home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®, S&P Dow Jones Indices LLC has over 115 years of experience constructing innovative and transparent solutions that fulfill the needs of investors. More assets are invested in products based upon our indices than any other provider in the world. With over 1,000,000 indices covering a wide range of asset classes across the globe, S&P Dow Jones Indices LLC defines the way investors measure and trade the markets. To learn more about our company, please visit www.spdji.com.
S&P® is a registered trademark of Standard & Poor's Financial Services LLC ("S&P"), a part of McGraw Hill Financial. Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"). These trademarks have been licensed to S&P Dow Jones Indices LLC. It is not possible to invest directly in an index. S&P Dow Jones Indices LLC, Dow Jones, S&P and their respective affiliates (collectively "S&P Dow Jones Indices") do not sponsor, endorse, sell, or promote any investment fund or other investment vehicle that is offered by third parties and that seeks to provide an investment return based on the performance of any index. This document does not constitute an offer of services in jurisdictions where S&P Dow Jones Indices does not have the necessary licenses. S&P Dow Jones Indices receives compensation in connection with licensing its indices to third parties.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/781-billion-in-global-etp-aum-based-on-indices-published-by-sp-dow-jones-indices-300011278.html
SOURCE S&P Dow Jones Indices
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