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US exchange-traded products crack $2trn

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The amount invested in US-listed exchange-traded products and ETFs has broken through the US$2 trillion mark.

Assets invested in the products increased 18 per cent in the 2014 calendar year, up from US$1.698 trillion to $US2.007 trillion, according to research house ETFGI.

The increase was based on positive market performance and new new assets, said a statement by ETFGI.

"Year to date, the US listed ETF/ETP industry has gathered a record setting US$232 billion in net new assets beating the prior full year record of US$190 billion in 2013," said the statement.

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The global ETF/ETP industry, by comparison, reached a record US2.76 trillion in assets at the end of November 2014.

"We expect [global] assets to break through the US$3 trillion milestone in the first half of 2015," said ETFGI.