ETF Landscape: Celebrating 10 Years of ETFs in Europe - BlackRock

ETF Landscape April 2010Celebrating 10 Years of ETFs in Europe from BlackRockFigure 7: Top five European ETF providers by average daily US dollar turnover, as at end January 2010ProviderDec-09Average daily turnover (US$ Mn)%marketshareJan-10%marketshareChange(US$ Mn)%changeiShares $778.9 34.2% $933.5 32.9% $154.6 19.8%Lyxor AM $584.0 25.6% $776.4 27.3% $192.4 32.9%db x-trackers $441.5 19.4% $612.2 21.6% $170.7 38.7%XACT Fonder $119.4 5.2% $126.9 4.5% $7.5 6.3%Credit Suisse AM $58.2 2.6% $59.6 2.1% $1.4 2.4%Others $298.7 13.1% $331.0 11.7% $32.3 10.8%Total $2,280.6 100.0% $2,839.5 100.0% $558.9 24.5%iShares 32.9%Lyxor AM 27.3%db x-trackers 21.6%XACT Fonder 4.5%Credit Suisse AM 2.1%Others 11.7%Source: Global ETF Research and Implementation Strategy Team, BlackRock, Bloomberg.Figure 8: ETP providers in Europe ranked by assets, as at end January 2010Jan-10YTDYTD changeProvider#ETPsAssets(US$ Bn)%total#plannedflows(US$ bn)#ETPs%ETPsAssets(US$ Bn)%assets% marketshareETF Securities 147 $14.69 96.5% 15 -$0.33 0 0.0% -$0.48 -3.1% -0.2%Source Markets 28 $0.44 2.9% 0 $0.03 0 0.0% $0.02 4.2% 0.2%Lyxor 1 $0.10 0.7% 0 $0.00 0 0.0% $0.00 0.0% 0.0%GAM Holding 0 $0.00 0.0% 4 $0.00 0 0.0% $0.00 0.0% 0.0%Total 176 $15.23 100.0% 19 -$0.30 0 0.0% -$0.46 -2.9%Source: Global ETF Research and Implementation Strategy Team, BlackRock, Bloomberg.This document is not an offer to buy or sell any security or to participate in any trading strategy. Please refer to important information and qualifications at the end of this material. 16