ETFGI Press Release August 2014: United States

ETFGI’s research shows assets invested in ETFs and ETPs listed in the United States reached a new record high of 1.9 trillion US dollars at the end of August 2014

LONDON — September 8th, 2014 — ETFGI’s research finds ETFs and ETPs listed in the United States reached a new record high of 1.9 trillion US dollars at the end of August 2014. Year to date net new assets of US$107.3 Bn are a new record level of NNA surpassing the US$97.8 Bn set in the first eight months of 2013. At the end of August 2014, the US ETF/ETP industry had 1,643 ETFs/ETPs, from 63 providers listed on 3 exchanges according to preliminary data from ETFGI’s end August 2014 Global ETF and ETP industry insights report.

New record highs in assets were reached at the end of August by ETF/ETP industries in Canada with US$67.9 Bn, Asia Pacific (ex-Japan) with US$103.7 Bn, Europe with US$477.4 Bn, the United States with US$1.91 Tn and globally with US$2.70 Tn. YTD NNA flows reached record levels for the ETF/ETP industries in Japan at US$16.5 Bn, Europe at US$50.4 Bn, the US at US$107.3 Bn and globally at US$185.0 Bn.

“In August investors invested net new money into an array of equity, fixed income and commodity exposures due to concerns over the situations in Ukraine and Gaza. The S&P 500 was up 4% in August and closed above the 2,000 threshold for the first time on August 26th. Developed markets were up slightly, emerging markets gained 3% and Latin America was up 9% in August. August was also a good month for fixed income.” according to Deborah Fuhr, Managing Partner at ETFGI.

In August 2014 ETFs/ETPs saw net inflows of US$14.9 Bn. Equity ETFs/ETPs gathered the largest net inflows with US$6.6 Bn, followed by fixed income ETFs/ETPs with US$6.6 Bn, and commodity ETFs/ETPs saw net inflows of US$107 Mn.

iShares gathered the largest net ETF/ETP inflows in August with US$10.6 Bn, followed by Vanguard with US$5.0 Bn, new entrant WBI Shares with US$1.0 Bn, First Trust with US$743 Mn and Van Eck with US$546 Mn in net inflows in August.

iShares is the largest ETF/ETP provider in terms of assets with US$737.1 Bn, reflecting 38.5% market share, SPDR ETFs is second with US$407.4 Bn and 21.3% market share, followed by Vanguard with US$400.3 Bn and 20.9% market share. The top three ETF/ETP providers, out of 63, account for 80.8% of US ETF/ETP assets, while the remaining 60 providers each have less than 5% market share.

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