ETFGI Press Release January 2015: United States

ETFGI Press Release January 2015: United States

Fixed income and commodity ETFs/ETPs listed in the United States have best start to the year on record, according to ETFGI

LONDON — February 9, 2015 — ETFGI’s new research finds ETFs/ETPs listed in the United States suffered net outflows of US$4.0 Bn in January, with a record $17.0 Bn net outflows from equities overshadowing the best ever start of the year for fixed income and commodity products, which gathered net inflows of US$7.5 Bn and US$4.1 Bn respectively.
 
The US ETF/ETP industry had 1,652 ETFs/ETPs, assets of US$1,980 Bn, from 70 providers on 3 exchanges at the end of January 2015 according to preliminary data from ETFGI’s end January 2015 global ETF and ETP industry insights report.
 
“Investors showed a strong preference for fixed income and commodity exposure during January as volatility increased.  The S&P 500 was down 4%, developed markets were flat, emerging markets were down slightly while frontier markets where down 3% in January. The ECB announced on January 22nd a stimulus package which will total US$1.27 trillion based on buying US$69 billion a month in public and private bonds to stimulate the European economy.”, according to Deborah Fuhr, Managing Partner at ETFGI.
 
Vanguard gathered the largest net ETF/ETP inflows in January with US$9.2Bn, followed by WisdomTree with US$3.9 Bn, iShares with US$3.1 Bn, DB X-trackers with US$1.8 Bn and CharlesSchwab with US$ 1.6 Bn in net inflows.
 
Thirteen new products were listed in January which is nearly half the 25 new products listed at this time last year. Twenty-three products were closed in January which is a 475% increase from the 4 products that were closed in January 2014.
 
The size of individual ETFs/ETPs is increasing: 252 ETFs/ETPs have assets that are greater than US$1 Bn which is up from 213 at this time last year.

Please email contact@etfgi.com or deborah.fuhr@etfgi.com if you would like to subscribe to ETFGI's monthly global ETF and ETP industry insights reports containing over 300 pages of charts and analysis, ETFGI's Institutional Users of ETFs and ETPs report or custom analysis. Professional investors can register on ETFGI’s website to receive updates, press releases and ETFGI’s free monthly newsletter.