ETFGI reports ETFs/ETPs listed in the United States gathered record inflows of 279 billion US dollars and assets reached a new high of 2.549 trillion US dollars at the end of 2016

LONDON — January 20, 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 in the United States reached a new record high of US$2.543 trillion at the end of 2016.  ETFs/ETPs listed in the US gathered a record level of net inflows US$59.37 Bn for the month of December marking the 10th consecutive month of net inflows and a record level of US$278.74 Bn in net inflows for the year, according to preliminary data from ETFGI’s end of 2016 global ETF and ETP industry insights report.
 
Record levels of assets under management were reached at the end of 2016 for ETFs/ETPs listed globally at US$3.546 trillion, in the United States at US$2.549 trillion, in Europe at US$571 billion. In Asia Pacific ex-Japan at US$135 billion, in Canada at US$84 billion and globally.

At the end of 2016, the US ETF/ETP industry had 1,969 ETFs/ETPs, assets of US$2.549 trillion, from 105 providers listed on 3 exchanges.

“2016 was an eventful year with a number of unexpected outcomes – the UK vote for Brexit to leave the European Union and the election of Trump as the US President. The S&P 500 gained 12.0% while the DJIA increased 16.5% for the year. All US sectors performed positively for the year, with the exception of Health Care. The VIX declined by a dramatic 22.9%. European equities ended the year up 3.44%. Canadian equities ended the year strongly with the S&P/TSX Composite and the S&P/TSX 60 were up 21.1% and 21.4%” according to Deborah Fuhr, co-founder and managing partner at ETFGI.

ETFs and ETPs listed in the United States gathered  record level of net inflows of $59.37 Bn for  December. Year to date, net inflows were at a record $278.74 Bn. At this point last year there were net inflows of $239.82 Bn.
 
Equity ETFs/ETPs gathered net inflows of $55.92 Bn in December, bringing year to date net inflows to $171.74 Bn, which is just slightly less than the net inflows of $172.71 Bn over the same period in 2015.
 
Fixed income ETFs and ETPs experienced net inflows of $6,012 Mn in December, growing year to date net inflows to a record level $80.50 Bn, which is greater than the same period last year which saw net inflows of $50.28 Bn.
 
Commodity ETFs/ETPs saw net outflows of $2.99 Bn in December. In 2016, net inflows were a record  $17.90 Bn, compared to net inflows of $249 Mn over the same period last year.
 
In 2016, iShares gathered the largest net ETF/ETP inflows in December with US$20.27 Bn, followed by SPDR ETFs with US$18.00 Bn and Vanguard with US$12.78 Bn net inflows.
 
In 2016, iShares gathered the largest net ETF/ETP inflows YTD with US$104.80 Bn, followed by Vanguard with US$89.01 Bn and SPDR ETFs with US$53.63 Bn net inflows.
 
In 2016, 129 ETFs/ETPs were closed which is the largest number of closures during a year.

Please visit our website www.etfgi.com to register for our Weekly Newsletter and updates, to find ETFGI Press Releases on ETF/ETP industry trends, daily postings of some of the top articles from financial publications around the world in the Industry News tab, details of upcoming Events, monthly videos on industry trends in Views, our twitter feed @etfgi , and to use our directory of firms in the ETF Ecosystem. You are invited to join our group "ETF Network" on Linkedin. Please contact deborah.fuhr@etfgi.com if you would like to discuss subscribing to ETFGI’s research or consulting services. 

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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.  

About ETFGI
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.  

Below is a link to a video which provides overviews of our website www.etfgi.com
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Note to Editors
Data for ETFs/ETPs listed in Australia has not yet been released by the ASX for December 2016.

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: 

• equitize cash
• implement diversified exposure to a market
• comprise a core or satellite investment
• be a long term strategic investment
• implement tactical adjustments to portfolios
• use as building blocks to create entire portfolios
• allow investors to hedge the market
• use as an alternative to futures and other derivative products

Exchange Traded Products (ETPs) are products that have similarities to ETFs in the way they trade and settle but do not use an open-end fund structure. The use of other structures including unsecured debt, grantor trusts, partnerships, and commodity pools by ETPs can, in addition to a significantly different risk profile, create different tax and regulatory implications for investors when compared to ETFs, which are funds.

Contact:

Deborah Fuhr
Managing Partner
ETFGI

Mobile: +44 777 5823 111; Email: deborah.fuhr@etfgi.com; Web: www.etfgi.com; Twitter: @deborahfuhr