Highlighting the quarterly figures were a standout performance across retail channels, which continued to fuel ETF growth through Q2 2015.
Broadridge Financial Solutions, Inc. (NYSE:BR), a provider of investor communications and technology solutions, has reported its mutual fund performance versus Exchange -traded-fund (ETF) data for Q2 2015, according to a Broadridge statement.
Broadridge Financial utilizes a Fund Distribution Intelligence (FDI) tool - the utility helps aggregate a variety of information into a unified sales and asset data collection, tracking performance of both mutual funds and ETF assets. The FDI tool collects data on a monthly basis, which is then analyzed by respective channel, geography, etc.
Highlighting the quarterly figures were a standout performance across Broadridge’s retail channels, which continued to fuel (ETF) growth through Q2 2015. In particular, ETFs helped increase assets (in absolute US dollars) by $265 billion YoY since Q2 2014, vastly outpacing the $200 billion in long-term mutual fund (LTMF) assets distributed by other retail channels.
ETFs in the Driver’s Seat
Roughly 87% of ETF asset growth during the year ending June 30, 2015 were attributed to retail distribution channels having been led by registered investment advisors (RIAs) with total ETF assets of $496 billion. This corresponds to an increase of 18.2% YoY from just $418 billion over the same period a year before. Moreover, Broadridge’s wirehouse channel moved into second place behind RIAs with total ETF assets climbing to $397 billion, notching a 21.4% YoY increase from $327 billion over last year. Collectively, ETF assets are up $116 billion YTD 2015 across all retail channels at Broadridge.
Amongst the largest holders of ETFs during Q2 2015 were RIAs with $500 billion of ETF assets - overall, the growth of ETFs across the RIA channel has continued to overtake all other distribution channels. The best example of growth in quantifiable terms were equity products, which constituted 88% of the net increase in ETF assets over this period.
Additionally, Fixed income ETFs represented 15% of the overall net increase during the same period, with commodity ETF assets incurring a 4% net decline in assets. By extension, mutual funds could not capture the same growth margin as its ETF counterpart - long-term mutual fund (LTMF) asset growth came in at only $200 billion in Q2 2015.
According to said Frank Polefrone, Senior Vice President (SVP) of Broadridge’s Access Data product suite, in a recent statement on the performances, “The retail channels drove the growth of ETF assets with a 20 percent increase over last year ending June 30, and almost all of the increase came from retail channels – RIAs, independent broker-dealers, wirehouses and discount broker-dealers. Retail channels’ dominance for ETF asset growth was even more pronounced on a year-over-year basis, with all of the $116 billion of increased ETF assets coming from retail distribution channels.”
Back in May, Broadridge released its first tranche of financial metrics for the 2015 calendar year – during Q3 2015, the group reported strong fee revenues of $406 million, jumping 5% YoY from just $387 million during Q3 2014. In addition, total revenues swelled to $634 million during Q3 2015, up 5% YoY from $606 million in Q3 2014.
Broadridge Financial Solutions, Inc. (NYSE:BR), a provider of investor communications and technology solutions, has reported its mutual fund performance versus Exchange -traded-fund (ETF) data for Q2 2015, according to a Broadridge statement.
Broadridge Financial utilizes a Fund Distribution Intelligence (FDI) tool - the utility helps aggregate a variety of information into a unified sales and asset data collection, tracking performance of both mutual funds and ETF assets. The FDI tool collects data on a monthly basis, which is then analyzed by respective channel, geography, etc.
Highlighting the quarterly figures were a standout performance across Broadridge’s retail channels, which continued to fuel (ETF) growth through Q2 2015. In particular, ETFs helped increase assets (in absolute US dollars) by $265 billion YoY since Q2 2014, vastly outpacing the $200 billion in long-term mutual fund (LTMF) assets distributed by other retail channels.
ETFs in the Driver’s Seat
Roughly 87% of ETF asset growth during the year ending June 30, 2015 were attributed to retail distribution channels having been led by registered investment advisors (RIAs) with total ETF assets of $496 billion. This corresponds to an increase of 18.2% YoY from just $418 billion over the same period a year before. Moreover, Broadridge’s wirehouse channel moved into second place behind RIAs with total ETF assets climbing to $397 billion, notching a 21.4% YoY increase from $327 billion over last year. Collectively, ETF assets are up $116 billion YTD 2015 across all retail channels at Broadridge.
Amongst the largest holders of ETFs during Q2 2015 were RIAs with $500 billion of ETF assets - overall, the growth of ETFs across the RIA channel has continued to overtake all other distribution channels. The best example of growth in quantifiable terms were equity products, which constituted 88% of the net increase in ETF assets over this period.
Additionally, Fixed income ETFs represented 15% of the overall net increase during the same period, with commodity ETF assets incurring a 4% net decline in assets. By extension, mutual funds could not capture the same growth margin as its ETF counterpart - long-term mutual fund (LTMF) asset growth came in at only $200 billion in Q2 2015.
According to said Frank Polefrone, Senior Vice President (SVP) of Broadridge’s Access Data product suite, in a recent statement on the performances, “The retail channels drove the growth of ETF assets with a 20 percent increase over last year ending June 30, and almost all of the increase came from retail channels – RIAs, independent broker-dealers, wirehouses and discount broker-dealers. Retail channels’ dominance for ETF asset growth was even more pronounced on a year-over-year basis, with all of the $116 billion of increased ETF assets coming from retail distribution channels.”
Back in May, Broadridge released its first tranche of financial metrics for the 2015 calendar year – during Q3 2015, the group reported strong fee revenues of $406 million, jumping 5% YoY from just $387 million during Q3 2014. In addition, total revenues swelled to $634 million during Q3 2015, up 5% YoY from $606 million in Q3 2014.
EU Parliament Imposes €10,000 Cash Payment Limit in New Anti-money Laundering Legislation
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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