ETFGI reports Assets invested ETFs/ETPs in listed globally reached a new record high of 3.177 trillion US dollars at the end of June 2016
ETFGI reports Assets invested ETFs/ETPs in listed globally reached a new record high of 3.177 trillion US dollars at the end of June 2016
Source: ETFGI data sourced from ETF/ETP sponsors, exchanges, regulatory filings, Thomson Reuters/Lipper, Bloomberg, publicly available sources and data generated in-house. Note: “ETFs” are typically open-end index funds that provide daily portfolio transparency, are listed and traded on exchanges like stocks on a secondary basis as well as utilising a unique creation and redemption process for primary transactions. “ETPs” refers to other products that have similarities to ETFs in the way they trade and settle but they do not use a mutual fund structure. The use of other structures including grantor trusts, partnerships, notes and depositary receipts by ETPs can create different tax and regulatory implications for investors when compared to ETFs which are funds.
LONDON — July 12, 2016 — ETFGI the leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, today reported assets invested in ETFs/ETPs listed globally reached a new record high US$3.177 trillion at the end of June 2016. US$31.38 Bn of net new assets were gathered during the month of June marking the 29th consecutive month on net inflows, according to preliminary data from ETFGI’s June 2016 global ETF and ETP industry insights report.
Record levels of assets were also reached at the end of June for ETFs/ETPs listed in the United States at US$2.256 trillion, in Japan which reached US$147.67 billion and in Canada which reached US$79.14 billion.
The Global ETF/ETP industry had 6,424 ETFs/ETPs, with 12,268 listings, assets of US$3.177 trillion, from 284 providers listed on 65 exchanges in 53 countries.
“Markets and investors around the world were engulfed in the chaos following what many saw as the unexpected result of the UK’s June 23rd vote. Volatility was up significantly during the month. The S+P 500 index was up just 0.3%. Emerging markets were up 3.94 while developed markets ex-US declined 2.87%. There is still uncertainty in the markets due to questions on when and how Brexit changes will be implement and the many changes happening in UK political parties" according to Deborah Fuhr, managing partner at ETFGI.
In June 2016, ETFs/ETPs listed globally saw net inflows of US$31.38 Bn. Equity ETFs/ETPs gathered the largest net inflows with US$11.72 Bn, followed by fixed income ETFs/ETPs with US$10.80 Bn, and commodity ETFs/ETPs with US$6.63 Bn. ETF/ETP average daily trading volumes increased by 20.9% from US$81.31 Bn in May 2016 to US$98.33 Bn in June 2016.
YTD through end of June 2016, ETFs/ETPs have seen net inflows of US$122.71 Bn which is significantly below the US$ 152.66 Bn gathered at this point last year. YTD Fixed income ETFs/ETPs have gathered a record level of US$67.63 Bn, followed by commodity ETFs/ETPs which have gathered a record level of US$26.53 Bn, and equity ETFs/ETPs which have gathered US$15.15 Bn.
iShares gathered the largest net ETF/ETP inflows in June with US$13.43 Bn, followed by Vanguard with US$10.02 Bn followed by Nomura AM with US$2.10 Bn net inflows.
YTD, Vanguard gathered the largest net ETF/ETP inflows YTD with US$42.28 Bn, followed by iShares with US$40.51 Bn and Nomura AM with US$7.39 Bn net inflows.
ETFs are typically open-ended, index-based funds, with active ETFs accounting for 1.1% market share. They can be bought and sold like ordinary shares on a stock exchange and offer broad exposure across developed, emerging and frontier markets, equities, fixed income and commodities. ETFs are used widely by institutional investors and increasingly by financial advisors and retail investors to: