全球ETF规模年均增长19%

Group 1 - The core viewpoint of the report is that the global ETF market has experienced significant growth over the past decade, with the Asia-Pacific region showing the highest compound annual growth rate (CAGR) [1][2] - As of January 31, 2025, the global ETF asset size is projected to reach approximately $15 trillion, up from less than $3 trillion in 2014, reflecting a CAGR of 19% [1] - The Asia-Pacific region, despite having the smallest share of global ETF assets at about 12%, has achieved a remarkable CAGR of 24% from 2014 to January 2025, surpassing the global average [1] Group 2 - The report indicates a shift in market share between ETFs and non-ETF mutual funds, with ETFs gaining ground. The global mutual fund market size increased from $24.20 trillion in 2014 to $49.25 trillion in 2024, more than doubling [1] - During the same period, ETFs have seen a continuous net inflow of approximately $779.6 billion, with a record net inflow of $15.41 billion in 2024, while non-ETF mutual funds have experienced a net outflow since 2022 [2] - The popularity of ETFs is attributed to their high transparency, strong liquidity, and ease of investment [2] Group 3 - Morgan Asset Management, as the second-largest active ETF manager globally, has a total global ETF management scale of $242 billion (approximately 1.73 trillion RMB) [2] - The company holds the largest and second-largest active management ETFs globally, with the highest net inflow for active ETFs in 2024 [2] - The release of the "ETF Global Market Overview - China Edition" marks a significant milestone for Morgan Asset Management in deepening its engagement in the Chinese ETF market [2]