ETFGI reports assets invested in Smart Beta ETFs/ETPs listed globally reached a new record high of 429 billion US dollars at the end of June 2016
ETFGI reports assets invested in Smart Beta ETFs/ETPs listed globally reached a new record high of 429 billion US dollars at the end of June 2016
Comparison of assets in market cap, smart beta, other and active equity products
Source: ETFGI data sourced from ETF/ETP sponsors, exchanges, regulatory filings, Thomson Reuters/Lipper, Bloomberg, publicly available sources and data generated in-house. Note: active equity ETFs/ETPs are excluded as they do not track a specific index.
LONDON — August 3, 2016 — ETFGI, the leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, today reported assets invested in smart beta ETFs/ETPs listed in globally reached a new record high US$429 billion at the end of June 2016, according to data from ETFGI’s June 2016 global smart beta ETF and ETP industry insights report.
Record levels of assets were also reached at the end of June for smart beta ETFs/ETPs listed in the United States at US$390.20 Bn, Canada with US$9.44 Bn, Europe with US$ 26.70 Bn, and in Japan with US$832 Mn.
Year to date through end of June 2016, smart beta equity ETF/ETP assets have increased by 7.1% from US$400 Bn to US$429 Bn, with a 5-year CAGR of 31.3%.
“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, smart beta products saw net inflows of US$5.70 Bn. Volatility factors gathered the largest net inflows with US$2.17 Bn, followed by dividend factor based products with US$1.71 Bn and value factor with US$1,592 Mn.
YTD, smart beta products have seen net inflows of $16.15 Bn. Volatility factors gathered the largest net inflows with $14.32 Bn, followed by value factor with $6.83 Bn and dividend factor based products with $3.09 Bn.
iShares gathered the largest 'smart beta' ETF/ETP net inflows in June with US$4.11 Bn, followed by Vanguard with US$1.26 Bn and PowerShares with US$672 Mn net inflows.
YTD, iShares gathered the largest smart beta ETF/ETP net inflows year to date in 2016 with US$19.02 Bn, followed by Vanguard with US$5.26 Bn and Charles Schwab Investment Management with US$2.15 Bn net inflows.
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Attribution Policy: The information contained herein is proprietary. The media is welcome to use our information and ideas, provided that the following sourcing is included: ETFGI the leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, based in London, England. Deborah Fuhr, Managing Partner, co-founder, ETFGI website www.etfgi.com.
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ETFGI the leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem. Launched in 2012 by Deborah Fuhr and partners in London the firm offers paid for research subscription services: the ETFGI annual research service provides monthly reports on trends in the global ETF and ETP industry, access to the ETFGI database of all ETFs/ETPs listed globally with factsheets which are updated monthly, ETFGI annual review of institutions and mutual funds that use ETFs and ETPs, the Active ETF landscape report and the Smart Beta ETF Landscape report.
Deborah Fuhr is the managing partner and co-founder of ETFGI, she previously served as global head of ETF research and implementation strategy and as a managing director at BlackRock/Barclays Global Investors from 2008 – 2011. Fuhr also worked as a managing director and head of the investment strategy team at Morgan Stanley in London from 1997 – 2008, and as an associate at Greenwich Associates.
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