Assets invested in exchange-traded funds and exchange-traded products listed in Europe reached a new record high of $640 billion at the end Q1 2017, surpassing the prior record of $620 billion set at the end of February 2017, according to analysis from ETF industry consultant ETFGI.

ETFs and ETPs listed globally experienced record net inflows of $66.3 billion during March, according to research from ETF industry consultant ETFGI. The strong net gatherings marked the 38th consecutive month of positive net inflows within the space.

ETFGI, a London-based ETF industry consultant, has reported that assets invested in smart beta ETFs/ETPs listed globally reached a new record high of $560 billion at the end of February 2017, up from $534bn at the end of the previous month. Record levels of assets were also reached for smart beta equity ETFs/ETPs listed in the US ($499bn), Europe ($39bn), Canada, (13bn) and Asia Pacific ex-Japan ($5bn).

Assets invested in actively-managed ETFs/ETPs listed globally reached a new record high of $47.5 billion at the end of February 2017, passing the prior record of $46bn set at the end of January 2017, according to data from London-based ETF industry consultant ETFGI.

Assets invested in ETFs/ETPs listed in Europe reached a new record high of $620 billion at the end February 2017, surpassing the prior record of $599bn set at the end of January 2017. The industry gathered $12.4bn of net new assets in February, marking the 30th consecutive month of net inflows, according to research from London-based ETF industry consultant ETFGI.

ETFs/ETPs listed in the United States gathered record inflows of $47 billion during February, marking the 12th consecutive month of positive net inflows for the country, according to research from London-based ETF industry consultant ETFGI. As of the month’s end, AUM in the US ETF/ETP industry reached a new record high of $2.758 trillion.

Globally-listed ETFs and ETPs gathered a record level of $68.3 billion in net inflows in February, marking the 37th consecutive month or over three years of net inflows, according to research from ETF industry consultant ETFGI. Despite the shorter month, the level of net inflows surpassed January’s strong start to the year where investors piled $62.7bn of net new assets into the ETF/ETP industry.

Assets invested in exchange-traded funds and exchange-traded products listed in Canada reached a new record high of US$90.6 billion at the end February 2017, making a strong statement for the 27th anniversary of the first ETF to launch on the Toronto Stock Exchange.

The global ETF/ETP industry grew faster than the global hedge fund industry in 2016, according to research by London-based ETF industry consultant, ETFGI. During 2016, ETFs/ETPs listed globally gathered a record $389.4 billion of net inflows, while hedge fund investors redeemed $70.1bn, the largest annual outflow since 2009. The growing preference for ETFs over hedge funds may be attributed to several benefits of the vehicle including smaller minimum investment sizes, greater liquidity, and lower costs.

London-based ETF research and consultancy firm, ETFGI, has reported that smart beta equity ETFs/ETPs assets have experienced a 5-year compound annual growth rate of 30.6%, according to data up to the end of January 2017. The data also reveals that assets invested in smart beta equity ETFs/ETPs listed globally reached a new record high of $534 billion at the end of January 2017.