O Canada

We bring you news this week that Canada’s Toronto Stock Exchange is to host this year’s Canadian ETF Express Awards. We don’t need to remind you that the Toronto Stock Exchange was there at the beginning, having launched the first ETF in 1990 and we have been running awards in Canada since 2023.

Nominations will open on 10th March for Canadian ETF service providers; voting will open for issuers, from data provided by our data partners, Trackinsight, and service providers on 7th April. The awards event itself this year will be on 29th May. Good luck to all and looking forward to that event at the Exchange at the end of May.

PwC’s annual global report on ETFs found that confidence is soaring in the sector, and, keeping with the Canadian theme, Canadian ETFs had record net inflows of USD58 billion last year, with 60 per cent of Canadian survey respondents holding the view that Canadian ETF AuM will reach at least USD1 trillion by June 2029, representing a CAGR of 23.2 per cent.

Assets in ETFs are close to USD15 trillion, PwC says, and notes that by the end of 2024, active ETF AuM had grown by 52 per cent to reach USD1.03 trillion globally. 65 per cent of survey respondents expect this global active AUM to reach USD3 trillion or above by 2029.

It’s active all the way for Alliance Bernstein’s Brett Sheely, a self-confessed ETF evangelist. This week we brought you the latest outing of the Off the Record podcast with Sheely discussing his firm’s active range of products and fast growth since joining the ETF industry. Listen here.

‘Distinctively active’ is Touchstone Investment’s Matt Barry’s phrase for the firm’s range of active ETFs. It has also been focusing on growth of its ETF offering, launching two new ETFs this week alone, invested in the emerging markets, ex-China, and international equities.

Beverly Chandler, Managing Editor

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