HONG KONG–( BUSINESS WIRE )–Global Technology and Data Growth, a leading global provider of technology and data, today announced 2024 growth in assets under management (AUM) for shares listed on Asian exchanges. This growth has been driven by strong retail interest in fixed income and thematic investing in the region, and has occurred as ICE continues to expand its global index offering to include more fixed income, thematic, stocks and equities that fit the global investment strategies community.
In 2024, negative AUM with ICE indices in Asia rises to an all-time high of approximately $45.15 billion, on December 31, 2024, up more than 70% from the end of 2023, and 10x since ICE gained BOFA indices in October 2017. Although surging markets and strong global interest in ETFs provided strong tailwinds, this growth came Also as index issuers launched a record number of ICE ETFs across the region. In 2024, 30 ETFs structured with ICE indices were launched in Asia, compared to the previous number of 13 in 2023. At the end of December 2024 compared to the end of 2023. Japan, Australia and South Korea recorded AUM growth during the same period which increases About 400%, 69%, and 65%, respectively.
The growth we've seen in our Asian index business is very important,” said Magnus Katan, ICE Vice President and Head of Client Development, Asia. We look forward to working with ETF issuers as we launch new indices that suit the investment needs of investors across the region.
ICE is a leading provider of indices, offering over 7,000 global equities, fixed income, commodities and foreign commodities to support benchmarking and benchmarking by investors. As of December 31, 2024, ICE accounted for approximately $2 trillion in AUM across active and passive strategies combined.
“Building on the strength of our portfolio, fixed income continued to play a strong role in the growth in AUM of our index ETFs throughout 2024, as investors benefited from rising interest rates and a broad selection of market-based ETFs,” Preston Peacock, Head of Index Data Ice. We are pleased to see that investors in our core markets across Asia and the rest of the world continue to embrace ETFs as a preferred way to invest, and that our broad offerings across equities, fixed income and commodities support their investment strategies.
ICE Indices leverages ICE LLC's pricing and benchmarking services, which includes evaluated pricing on approximately 3 million securities and benchmark data on approximately 79 million active and inactive financial instruments.
For more information about ICE Data Indices, LLC, please visit www.ice.com/market-data/indices.
About the Intercontinental Exchange (NYSE:)
Continental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds, and operates digital networks that connect people to opportunity. We provide financial technology and data services across major asset classes that help our clients access mission-critical workflow tools that increase transparency and efficiency. Ice futures, equality, and choices Exchanges – Including New York Stock Exchange –And House disinfection Helping people invest, raise capital and manage risks. We offer some of the world's largest markets for trading, clear products and environmental products. Our fixed income, Data services Implementation capabilities provide information, analytics and platforms that help our customers streamline operations and capitalize on opportunities. in Mortgage Ice TechnologyWe are transforming Americans' housing finance, from initial consumer engagement through loan production, closing, enrollment and long-term servicing relationship. Together, ICE transforms, streamlines industries, and automates industries to connect our customers to opportunity.
ICE brands and/or its affiliates include Intercontinental Exchange, ICE, ICE Block Design, NYSE and New York Stock. Information regarding additional trademarks and intellectual property rights of Incontinental Exchange, Inc. And/or its affiliates here. Key information documents for certain products covered by the EU Retail and Insurance Packaged Investment Products Regulation can be accessed on the relevant Exchange website under Key Information Documents (Kids).
Safe Harbor Statement Under the Private Litigation Reform Act of 1995 – Statements in this news release regarding ICE's actions that are not historical facts are “forward-looking statements” that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those in forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, Risk Factors in ICE's annual report on Form 10-K for the year ending December 31, 2023, as filed with the SEC on February 8, 2024.
Category: Fixed income and data services
Source: Exchange Intercontinental
Ice
View source version on BusinessWire.com: https://www.businesswire.com/news/home/20250126513284/en/
Glacier media contact:
Damon Leavell
damon.leavell@ice.com
(212) 323-8587
media@ice.com
ICE Investor Contact:
Katia Gonzalez
katia.gonzalez@ice.com
(678) 981-3882
investors@ice.com
Source: Exchange Intercontinental
