ETFGI, a London-based ETF research and consultancy firm, has released the results of its monthly ETF landscape report showing assets invested in globally listed ETFs have grown 35.3% in the first eight months of 2017 to reach a new record high of $4.8 trillion. Equity ETFs were the big gainers while commodity ETFs saw a significant drop in net inflows. On current momentum, global ETF assets look set to reach $5tn in the next few months.
Global ETF assets are up 35% from 2016 and stand poised to break the $5tn mark in the next few months.
ETFs and ETPs listed globally gathered a record $42 billion in net inflows in August 2017, marking 43 consecutive months of net inflows. Year-to-date net inflows hit a record $434bn, more than double the $217bn in net inflows at this point last year and already $43bn more than the $391bn net inflows gathered in the entire of 2016.
Equity ETFs/ETPs gathered $23bn in net inflows in August, bringing YTD net inflows to a record level of $296bn, which is significantly greater than the net inflows of $74bn over the same period last year and already more than the $234bn gathered in all 2016.
Fixed income ETFs/ETPs gathered $11bn in net inflows in August, taking YTD net inflows to a record level of $107bn, which is greater than the $94bn seen over the same period last year.
Commodity ETFs/ETPs accumulated net inflows of $1.4bn in August. YTD, net inflows now stand at $5.6bn, significantly less than the net inflows of $34bn gathered over the same period last year.
iShares gathered the largest net ETF/ETP inflows in August with $14bn, followed by Vanguard with $10bn and Nomura AM with $4.5bn.
iShares also gathered the largest net ETF/ETP inflows YTD with $173bn, above the $138bn the firm gathered in the whole of 2016. Vanguard recorded the next highest net inflows during the year so far with $102bn, followed by Nomura AM and Schwab ETFs with $18bn each.
The global ETF/ETP industry has 7,019 ETFs/ETPs, with 13,199 listings from 331 providers listed on 70 exchanges in 56 countries.