ETFGI, a London-based exchange-traded fund consultancy, has released research showing that growth in net new assets within the global ETF/ETP space is moving at a faster pace than ever before. The report found that $319.4bn in net gatherings have been achieved as of 30 November 2015, 15% above the previous year-to-date (YTD) record of $277.3bn set last year. Global net gatherings of $29.9bn were recorded during November, marking the 22nd consecutive month of positive net flows for the industry.

Deborah Fuhr, Managing Partner at ETFGI.

“Global markets were mostly down in November, developed markets outside the US declined 1%, emerging markets ended down 3% while the Dow Jones Industrial Average and the S&P 500 ended up less than 1%,” according to Deborah Fuhr, managing partner at ETFGI.

Equity ETFs/ETPs were in favour last month with net new assets reaching $28.2bn; commodity ETFs/ETPs and fixed income ETFs/ETPs experienced mild outflows of $111m and $24m respectively.

Year-to-date, Investors have allocated $206.6bn in new assets to equity ETFs/ETPs, followed by $81.6bn into fixed income and $3.1bn into commodity ETFs/ETPs.

Examining net inflows on a country or regional basis shows that each major area has surpassed previous YTD records: net inflows of $201.7bn in the US represent a 5% increase on last year’s figures; in Canada net inflows of $11.4bn indicate a 10% rise on the record set in 2012; European net inflows of $72.6bn are 18% higher than 2014’s record; and Japanese net gatherings of $33.7bn indicate a significant 210% increase over the record set in 2013.

iShares has been the most successful gatherer of new assets during November and through the year thus far; the firm has reported net inflows of $15.9bn and $112.0bn respectively. Vanguard has taken second place with November and YTD increases in net new assets of $7.9bn and $74.7bn.

Other successful net gatherers during November include First Trust (+$1.6bn), Schwab ETFs (+1.3bn), Guggenheim Investments (+$797m) and Powershares (+$754m).

Over the course of 2015, db X-trackers (+$27.2bn), WisdomTree (+$20.3bn), Nomura (+$16.1bn) and Schwab ETFs (+$12.3bn) have all attracted significant net new assets.

The global ETF/ETP industry has 6,104 ETFs/ETPs, across 11,733 listings, with total assets of US$3.0tn, from 275 providers listed on 63 exchanges in 51 countries, as of 30 November 2015.