$10 Billion In Assets Linked To Alerian Indices
Alerian, a leader in MLP index benchmarking and market intelligence, announced that total assets of exchanged-traded products linked to the Alerian Index Series have exceeded $10 billion.
Launched in 2006, the Alerian MLP Index (NYSE: AMZ) was the first index to track the Master Limited Partnership asset class. Since that time, with the launch of the Alerian MLP Infrastructure Index (NYSE: AMZI) and the Alerian MLP Natural Gas Index (NYSE: ANGI), the Alerian indices have become the leading benchmarks for the space, used by MLP management teams and sell-side research analysts, as well as the broader media.
"Since the launch of our first exchange-traded product in 2009, we have been very fortunate to partner with firms such as JP Morgan, ALPS, UBS, and CIBC to create exchange traded products tracking the Alerian indices. These products have proven very valuable as investors look for unbiased and transparent access to the MLP asset class," said President and CEO Kenny Feng. "We've seen the assets invested in these products grow from $3 billion in 2010 to $10 billion today. That is due in large part to the efforts of our partners as well our investors recognizing that MLPs not only provide stable and growing cash flows and low correlation to the broader markets, but they are an investment in the build-out of energy infrastructure in the United States. We very much appreciate and thank them for their support."
Alerian is an independent company that provides objective market information. The company is a leader in MLP-market intelligence, providing benchmarks, data sets, and analytics that are used extensively by a range of stakeholders such as investment banks, stock exchanges, investment professionals, consultants, and Master Limited Partnerships. The Alerian Index Series is used for the purposes of asset allocation, investment analysis, portfolio hedging, and the creation of index tracking funds. Over $10 billionis directly tied to Alerian's indices, including the leading benchmark of MLP equities: the Alerian MLP Index (NYSE: AMZ). For more information, please visit www.alerian.com.