Global ETF assets continue upward march, reaching new record highs

Aug 22nd, 2016 | By | Category: ETF and Index News

Assets invested in exchange-traded funds and exchange-traded products listed globally continued their upward march in July, reaching a new record high of $3.343 trillion, according to data from London-based ETF consultancy ETFGI.

Global ETFs assets continue upward march, reaching new record highs

Global ETFs assets continue upward march, reaching new record highs

Various new regional record highs were also reached, including in the US at $2.367tn, Europe at $539.2bn, Japan at $191.8bn and Canada at $81.2bn. The milestones were reached through a combination of strong net inflows as well as bullish markets during the month.

Investors added a total of $52.7bn of net inflows in the month across all asset classes, marking the thirtieth consecutive month of positive net inflows for the industry.

Deborah Fuhr, managing partner at ETFGI, commented: “Investor confidence returned during July after the surprising result of June’s Brexit vote. The S&P 500 was up 3.7% in July. Developed markets outside the U.S. gained 5.1% and emerging markets were up 4.8%.”

Equity ETFs/ETPs gathered the largest net inflows over the month with $33.4bn, followed by fixed income ETFs/ETPs with $13.2bn, and commodity ETFs/ETPs with $5.5bn.

Year to date (YTD) through end of July 2016, ETFs/ETPs gathered net inflows of $175.3bn, below the record level of $199.1bn gathered at this point in 2015. Fixed income ETFs/ETPs have attracted the largest net inflows – and a record for the asset class thus far this year – with $80.8bn, followed by equity ETFs/ETPs with $48.4bn, and commodity ETFs/ETPs which have gathered a record level of $32.0bn.

iShares continues to dominate the market, gathering the largest net ETF/ETP inflows in July with $23.5bn and $64.0bn YTD. SPDR ETFs attracted $14.3bn in new money during July and $17.7bn YTD, with Vanguard gathering $7.2bn net inflows during July and $49.5bn YTD.

As of the end of July 2016, the global ETF/ETP industry had 6,476 ETFs/ETPs, with 12,342 listings, from 285 providers listed on 65 exchanges in 53 countries.

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