Press Release
CFRA Adds Fast-Growing European and Core Asian Markets to Its Industry-Leading ETF Coverage
20 April 2021
Europe and Asia join U.S. and Canada as key global markets where CFRA can now provide in-depth data and commentary, giving investors, advisors and institutions key tools for understanding the trends and themes shaping ETF usage and adoption
NEW YORK, April 20, 2021 – CFRA, one of the world’s largest providers of independent investment research, announced today that it has added coverage for European and the largest Asian markets-listed Exchange Traded Funds (ETFs) to its industry-leading data set.
With this expansion in coverage, CFRA clients will be able to delve into European and core Asian markets ETF constituent holdings and granular proprietary CFRA classifications data. This will include the ability to filter the ETF universe across multiple dimensions including fund strategy, geographic exposure, industry sector, index weighting scheme and smart beta type.
“Europe and Asia’s ETF ecosystems are dynamic and new firms and funds are added to these very competitive landscapes almost every day,” said Aniket Ullal, Head of ETF Data & Analytics for CFRA. “We’re very excited to be adding a robust suite of data and analytics-driven offerings to help our clients navigate everything that makes Europe and Asia such interesting destinations for ETF investors.”
Starting immediately, a wide range of CFRA clients, including wealth management professionals, institutional investors, and fintech platforms, will be able to access the full universe of European-listed ETFs as well as ETFs listed in a number of key Asian markets. It will allow them to analyze underlying constituents across ETFs to quantify and compare sector, factor, and other risk exposures. The data is also designed to support the building of ETF-focused financial software and mobile applications.
With $1.4 trillion in ETF assets, Europe is the second largest region for ETFs globally. However, CFRA’s analysis has found a higher number of European ETF listings than the U.S., the largest ETF market globally, due to multiple cross-listing per European ETF. As of the end of February 2021, Europe has 2,356 primary ETF listings, comparable to the 2,442 in the U.S. However, these European ETFs are often cross-listed across multiple exchanges, often in different currencies, despite the UCITS regulatory framework meant to facilitate cross-border offerings. The result is that there are actually 8,487 ETF listings across 30 European listing venues.
“With more than four times the total number of listings and ten times the number of exchanges, the complexity of the European ETF marketplace outpaces that of what we see in the U.S., making it all the more important investors have powerful research tools to help them cut through the noise and better understand their options.” added Todd Rosenbluth, Head of ETF & Mutual Fund Research for CFRA.
“With the addition of European and developing Asian markets ETFs to our proprietary data-driven offering, CFRA can now share key insights into more than 85% of the global ETF industry by assets under management,” he continued. “ETF adoption is occurring around the world and investors need a global research perspective. This is an exciting development in making sure CFRA is the first point of reference for any investor seeking to better understand what an ETF holds, how it compares with its peers, and what risks and rewards it might bring to a portfolio.”
For more information about CFRA, please visit www.cfraresearch.com.
ABOUT CFRA
Founded in 1994, CFRA is one of the world’s largest providers of independent investment research. Through a differentiated methodology blending forensic accounting, fundamental equity research, and technical analysis, CFRA empowers its clients to confidently evaluate sectors, industries, funds, and companies with unique insights, alternative data, and proven results.
CFRA operates worldwide to help its more than 2,000 clients, including many of the world’s leading institutional investors, wealth advisors, corporations, academic institutions, governments, and individual investors to make sound investment and business decisions.
For more information about CFRA, please visit www.cfraresearch.com.
Contacts
CFRA Press Inquiries
One New York Plaza, 34th Floor
New York, N.Y. 10004
press@cfraresearch.com
or
Chris Sullivan
MacMillan Communications c/o CFRA
chris@macmillancom.com
(212) 473-4442
NEW YORK, April 20, 2021 – CFRA, one of the world’s largest providers of independent investment research, announced today that it has added coverage for European and the largest Asian markets-listed Exchange Traded Funds (ETFs) to its industry-leading data set.
With this expansion in coverage, CFRA clients will be able to delve into European and core Asian markets ETF constituent holdings and granular proprietary CFRA classifications data. This will include the ability to filter the ETF universe across multiple dimensions including fund strategy, geographic exposure, industry sector, index weighting scheme and smart beta type.
“Europe and Asia’s ETF ecosystems are dynamic and new firms and funds are added to these very competitive landscapes almost every day,” said Aniket Ullal, Head of ETF Data & Analytics for CFRA. “We’re very excited to be adding a robust suite of data and analytics-driven offerings to help our clients navigate everything that makes Europe and Asia such interesting destinations for ETF investors.”
Starting immediately, a wide range of CFRA clients, including wealth management professionals, institutional investors, and fintech platforms, will be able to access the full universe of European-listed ETFs as well as ETFs listed in a number of key Asian markets. It will allow them to analyze underlying constituents across ETFs to quantify and compare sector, factor, and other risk exposures. The data is also designed to support the building of ETF-focused financial software and mobile applications.
With $1.4 trillion in ETF assets, Europe is the second largest region for ETFs globally. However, CFRA’s analysis has found a higher number of European ETF listings than the U.S., the largest ETF market globally, due to multiple cross-listing per European ETF. As of the end of February 2021, Europe has 2,356 primary ETF listings, comparable to the 2,442 in the U.S. However, these European ETFs are often cross-listed across multiple exchanges, often in different currencies, despite the UCITS regulatory framework meant to facilitate cross-border offerings. The result is that there are actually 8,487 ETF listings across 30 European listing venues.
“With more than four times the total number of listings and ten times the number of exchanges, the complexity of the European ETF marketplace outpaces that of what we see in the U.S., making it all the more important investors have powerful research tools to help them cut through the noise and better understand their options.” added Todd Rosenbluth, Head of ETF & Mutual Fund Research for CFRA.
“With the addition of European and developing Asian markets ETFs to our proprietary data-driven offering, CFRA can now share key insights into more than 85% of the global ETF industry by assets under management,” he continued. “ETF adoption is occurring around the world and investors need a global research perspective. This is an exciting development in making sure CFRA is the first point of reference for any investor seeking to better understand what an ETF holds, how it compares with its peers, and what risks and rewards it might bring to a portfolio.”
For more information about CFRA, please visit www.cfraresearch.com.
ABOUT CFRA
Founded in 1994, CFRA is one of the world’s largest providers of independent investment research. Through a differentiated methodology blending forensic accounting, fundamental equity research, and technical analysis, CFRA empowers its clients to confidently evaluate sectors, industries, funds, and companies with unique insights, alternative data, and proven results.
CFRA operates worldwide to help its more than 2,000 clients, including many of the world’s leading institutional investors, wealth advisors, corporations, academic institutions, governments, and individual investors to make sound investment and business decisions.
For more information about CFRA, please visit www.cfraresearch.com.
Contacts
CFRA Press Inquiries
One New York Plaza, 34th Floor
New York, N.Y. 10004
press@cfraresearch.com
or
Chris Sullivan
MacMillan Communications c/o CFRA
chris@macmillancom.com
(212) 473-4442