MALVERN, PA — Pacer ETFs capped off 2024 with remarkable achievements, including substantial growth in assets under management, innovative product launches, and multiple industry awards. Starting the year with $35 billion in assets, the firm saw a 31.19% increase, ending 2024 with over $46 billion under management.
Pacer’s success stems from its ability to create forward-thinking investment strategies that address evolving investor needs. “By focusing on creating strategies that can capture emerging opportunities and address investors’ changing needs, we’ve been able to expand our offerings and build on the success of our most prominent fund families, furthering our global investor reach and industry leadership,” said Sean O’Hara, president of Pacer ETF Distributors.
Adding to its growth, Pacer introduced 10 new funds in 2024, offering cutting-edge solutions to meet various portfolio objectives. Among these were three new additions to the firm’s Cash Cows Index® ETF Series, including the Pacer US Cash Cows Bond ETF (MILK), the Pacer Nasdaq-100 Top 50 Cash Cows Growth Leaders ETF (QQQG), and the Pacer Developed Markets Cash Cows Growth Leaders ETF (EAFG). The firm also debuted three UCITS offerings, marking its official expansion into European markets.
Joe Thomson, founder and president of Pacer, acknowledged the critical role of partners and investors in the company’s success. “Our success is only made possible by the support and dedication of our partners and investors for which we are exceptionally grateful. We hope to continue to set the benchmark for excellence in the ETF industry,” he said.
Pacer’s performance and innovations earned the firm several prestigious accolades in 2024. Highlights include the Pacer US Small Cap Cash Cows 100 ETF (CALF) being named ETF of the Year by etf.com, recognition of the Cash Cows Index® ETF Series as ETF Suite of the Year by With Intelligence’s Mutual Fund & ETF Awards, and Pacer’s designation as Best US Equity ETF Issuer ($10bn-$100bn) by the ETF Express US Awards.
With its strong growth trajectory, expansion into global markets, and commitment to delivering value-driven strategies, Pacer ETFs has solidified its position as a leader in the financial services industry.
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