ETFGI Press Release September 2014: United States

According to ETFGI ETFs and ETPs listed in the United States had net inflows of 17.4 billion US dollars in September 2014

LONDON — October 13th, 2014 — In September 2014, ETFs/ETPs listed in the United States had net inflows of US$17.4 Bn. Year to date the through end of Q3 2014, ETFs/ETPs saw net inflows of US$124.7 Bn. At the end of September 2014, the US ETF/ETP industry had 1,650 ETFs/ETPs, assets of US$1.86 Trn, from 66 providers listed on 3 exchanges, according to ETFGI’s end Q3 2014 Global ETF and ETP industry insights report.

“In September investors invested the majority of net new money into North American equity exposures. Due to the on-going situation in the Ukraine, Scotland’s referendum vote, and the Bank of England Governor’s statement that a rate increase was “getting closer”, investors reduced their exposure to Europe. The unfavourable geopolitical environment caused the S&P 500 to decline 1% in September. Developed markets declined 4% while emerging markets declined 7%.” according to Deborah Fuhr, Managing Partner at ETFGI.

In September 2014, ETFs/ETPs saw net inflows of US$17.4 Bn.  Equity ETFs/ETPs gathered the largest net inflows with US$18.0 Bn, followed by fixed income ETFs/ETPs with US$206 Mn, while commodity ETFs/ETPs experienced net outflows of US$721 Mn.

SPDR ETFs gathered the largest net ETF/ETP inflows in September with US$9,975 Mn, followed by Vanguard with US$5,695 Mn and iShares with US$962 Mn net inflows.

iShares is the largest ETF/ETP provider in terms of assets with US$707.3 Bn, reflecting 38.0% market share; SPDR ETFs is second with US$407.4 Bn and 21.9% market share, followed by Vanguard with US$390.9 Bn and 21.0% market share. The top three ETF/ETP providers, out of 66, account for 80.8% of US ETF/ETP assets, while the remaining 63 providers each have less than 5% market share.

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