The Swiss ETF market continued to pick up in the third quarter compared with the previous quarter, with the generally positive sentiment on the stock markets contributing to this. Turnover increased from CHF 18.427 billion to CHF 22.660 billion in the third quarter, an uptick of 22.97%, The average ticket size in the first three quarters of the year was 12.17% below the value for the entire previous year, while the median exceeded it by 19.01%. Compared with the second quarter of 2024, both the ticket size and the median increased slightly. However, ticket sizes above CHF 100,000 were still slightly below those of the previous year. The range of newly listed ETFs on SIX Swiss Exchange increased by a further 63 units in the third quarter of 2024, and the total number of ETFs listed on SIX Swiss Exchange amounted to 1,833 units by 30 September. New listings primarily focused on bond ETFs, Japan and China. Central bank interest rate cuts, and the prospect of further cuts, provided new impetus for fixedincome products, while the likelihood of economic recovery in China led to an expansion of the range available. A number of new listings also focused on sustainability. This was rounded off by a few new thematic ETFs.
These and more detailed statistics are available in the latest edition of the ETF Market Report.
Interview: Industry Outlook
In addition to detailed statistics on the ETF segment of SIX Swiss Exchange, the latest market report also includes an interview with Kay Winistörfer, Sales Manager Switzerland – ETF & Index Solutions, BNP Paribas Asset Management. He talks about how the ETF trading landscape has evolved over the past years, what issues are currently shaping developments in the ETF sector and where he sees the ETF market in Switzerland in the near future.