Record U.S. iShares inflow of $61.0bn
NEW YORK--(BUSINESS WIRE)--
BlackRock, Inc. (NYSE: BLK) announced today that its iShares business
led the global industry in 2012 by capturing $85.3bn1 in new
flows of the record-breaking $262.7bn2 global Exchange Traded
Products (ETP) market flows.
All regions contributed to iShares growth. The iShares U.S. product line
led the way with a record $61.0bn of new assets in 2012, surpassing the
previous record for U.S. iShares ETPs of $59.1bn in 2007. In Europe, the
business captured 56% of all new money entering European ETPs, recording
$18.3bn in net new flows. The iShares Canada business also had a strong
year, with its assets under management (AUM) increasing to $42.0bn, as
the broader Canadian market posted the second highest rate of growth in
ETF assets of any region for 2012.3
iShares global AUM reached $758.6bn4 as of 31 December 2012.
ETPs are attracting a broader base of global investors than ever before,
driven by regional regulatory developments, deepening ETP liquidity, and
increasing awareness among both retail and institutional clients of the
benefits of ETPs. These efficient tools can be used for strategic and
tactical asset allocation, access to niche exposures and sectors, cash
deployment, and risk management and hedging.
Mark Wiedman, Global Head of iShares commented:
“iShares continues to be the go-to product for all types of investors --
from capital market participants looking for deep liquidity, to
investors seeking specialized exposures, to a growing segment of the
market using ETFs as buy and hold investment vehicles.”
“As a leading provider, iShares delivers global products in an endeavour
to meet client needs globally. This year, for instance, Asian and Latin
American investors bought more than $10 billion of U.S. and
European-domiciled iShares, in addition to $2.0 billion in locally
domiciled iShares.”
“Fixed income was a key driver of flows globally, as investors of all
kinds increasingly adopt ETFs as an essential instrument for accessing
the bond markets. iShares captured $28.8bn globally or 41% of all new
flows into fixed income ETFs.”
For a copy of the complete ETP Landscape Report, please email: ETPresearch@blackrock.com.
About BlackRock
BlackRock is a leader in investment management, risk management and
advisory services for institutional and retail clients worldwide. At
September 30, 2012, BlackRock’s AUM was $3.673 trillion. BlackRock
offers products that span the risk spectrum to meet clients’ needs,
including active, enhanced and index strategies across markets and asset
classes. Products are offered in a variety of structures including
separate accounts, mutual funds, iShares® (exchange traded funds), and
other pooled investment vehicles. BlackRock also offers risk management,
advisory and enterprise investment system services to a broad base of
institutional investors through BlackRock Solutions®. Headquartered in
New York City, as of September 30, 2012, the firm has approximately
10,400 employees in 29 countries and a major presence in key global
markets, including North and South America, Europe, Asia, Australia and
the Middle East and Africa. For additional information, please visit the
Company's website at www.blackrock.com.
About iShares
iShares is a global product leader in exchange traded funds with over
600 funds globally across equities, fixed income and commodities, which
trade on 20 exchanges worldwide. The iShares Funds are bought and sold
like common stocks on securities exchanges. The iShares Funds are
attractive to many individual and institutional investors and financial
intermediaries because of their relative low cost, tax efficiency and
trading flexibility. Investors can purchase and sell shares through any
brokerage firm, financial advisor, or online broker, and hold the funds
in any type of brokerage account. The iShares customer base consists of
the institutional segment of pension plans and fund managers, as well as
the retail segment of financial advisors and high net worth individuals.
Carefully consider the iShares Funds’ investment objectives, risk
factors, and charges and expenses before investing. This and other
information can be found in the Funds’ prospectuses, which may be
obtained by calling 1-800-iShares (1-800-474-2737) or by visiting www.iShares.com.
Read the prospectus carefully before investing.
Investing involves risk, including possible loss of principal.
The iShares Funds are distributed by BlackRock Investments, LLC
(together with its affiliates, “BlackRock”).
iS-8870-0113
© 2012 BlackRock. All rights reserved. iSHARES and BLACKROCK
are registered trademarks of BlackRock. All other marks are those of
their respective owners.
1 Source: BlackRock 12/31/12
2 Source: BlackRock ETP Landscape Report, January 2013
3 Source: BlackRock 12/31/12
4 Source: BlackRock; Gross AUM as of 12/31/12
BlackRock, Inc.
Christine Hudacko, 415-670-2687
Christine.Hudacko@blackrock.com
Diane
Henry, 415-670-4567
Diane.Henry@blackrock.com
Melissa
Garville, 212-810-5528
Melissa.Garville@blackrock.com
Source: BlackRock, Inc.