ETFGI reports ETFs and ETPs listed in the US gathered 28 billion US dollars in net inflows in April
LONDON — May 14, 2018 — ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today that ETFs and ETPs listed in the USgathered US$28.00 billion net inflows during April 2018, after suffering net outflows of US$10.60 Bn in February and US$2.56 Bn in March, according to ETFGI’s April 2018 US ETF and ETP industry landscape insights report. Year-to-date net inflows into US listed ETFs/ETPs reached US$93.22 Bn at the end of April which is significantly less than the US$169.71 compare to this point last year. (All dollar values in USD unless otherwise noted.)
- ETFs and ETPs listed in the US gathered $28.00 billion net inflows during April 2018, after suffering net outflows in prior 2 months
- US-listed Fixed Income ETFs/ETPs gathered $13.74 Bn net inflows during April 2018, the largest since October 2014, which saw $16.87 Bn in net outflows
- In April 2018, 15 new ETFs/ETPs were launched by 12 providers while 59 ETFs/ETPs closed by 8 providers
At the end of April 2018, the US ETF industry had 1,879 ETFs, assets of $3.388 trillion, from 121 providers on 3 exchanges. At the end of April 2018, the US ETF/ETP industry had 2,136 ETFs/ETPs, assets of $3.480 Tn, from 140 providers on 3 exchanges.
Overall the assets invested in ETFs/ETPs listed in the US increased by $38.60 Bn during April 2018. The increase of 1.12%, from $3.441 Tn at the end of March 2018 to $3.480 Tn at the end of April, also represents the highest monthly growth in assets since January 2018, which saw a monthly increase of 6.38% from $3.423 Tn to $3.642 Tn.
US ETF and ETP asset growth as at the end of April 2018
In April 2018, ETFs/ETPs saw net inflows of $28.00Bn. Fixed income ETFs/ETPs gathered the largest net inflows with $13.74 Bn, followed by equity ETFs/ETPs with $10.12 Bn.
The majority of these flows can be attributed to the top 20 ETFs by net inflows, which collectively have gathered $68.82 Bn during 2018. The iShares Core MSCI EAFE ETF (IEFA US) on its own accounted for net inflows of $16.38 Bn.
Top 20 ETFs by net YTD net inflows: US
Similarly, the top 10 ETPs by net inflows collectively gathered $8.17 Bn during 2018.
Top 10 ETPs by YTD net inflows: US
During April investors chose to move from US Equity ETFs to Fixed Income and Commodities products.
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ETFs Global Markets Roundtable New York on Tuesday May 15th in New York City at the Metropolitan Club
Last chance to register to join key regulators, leading ETF issuers, brokers, stock exchanges, law firms and others on Tuesday, May 15, in New York City at the Metropolitan Club for the ETFs Global Markets Roundtable conference to examine the most current regulatory issues and developments in trading impacting ETFs, and ETFs' impact on the financial markets as a whole.
Complimentary registration is available for investment advisers, as well as buyside traders, portfolio managers and others at institutional investor firms. Click here to registerand view the entire agenda.
Sessions will cover topics including:
- A “Fireside Chat” on the Future of the ETF Industry with Doug Cifu, CEO, Virtu Financial and Dan Draper, Managing Director of Global ETFs, PowerShares by Invesco
- Impact of Regulatory Developments on ETFs including the SEC ETF rule and the SEC transaction fee pilot proposal
- Impact of ETFs on the Markets and Trading - Understanding and Evaluating Issues around ETF Liquidity
- Market Maker Roundtable discussing market maker incentive programs and FINRA Rule 5250, the use of RFQ platforms for ETFs, and the relationship between ETF issuers and market makers
- Exchange Roundtable discussing the role of exchanges in the ETF ecosystem
- Bringing New ETFs to Market – An Examination of Innovation and Distribution in the ETF Industry
Speakers (listed below) will include key regulators, leading ETF issuers, brokers, stock exchanges, law firms and others. The full program, and registration information, can be found here.
Buyside/Investment Adviser Workshop: The day will start off with an exclusive buyside/investment adviser workshop. Separated into small groups, participants will have the opportunity to discuss with their peers a number of topics of importance relating to ETFs, as well as raise any questions with, and obtain guidance from, outside experts.
Keynote speakers will include:
Doug Cifu, CEO, Virtu Financial
Dan Draper, Managing Director of Global ETFs, PowerShares by Invesco
Panelists will include:
Rochelle Antoniewicz, Senior Director for Industry and Financial Analysis, Investment Company Institute
Ari Burstein, President, Capital Markets Strategies
Rajan Chari, Partner, Deloitte
Michael E. Coe, Assistant Director, Office of Market Supervision, Division of Trading & Markets, US SEC
Mike Crinieri, Managing Director, Global Head of ETF Strategy, Goldman Sachs Asset Management
John Dibacco, ETF Trading, Virtu Financial
Deborah Fuhr, Managing Director, ETFGI LLP
Ryan Louvar, General Counsel, WisdomTree Asset Management
Philip Lovegrove, Partner, Asset Management Group, Matheson
Jon Maier, CIO, Global X
Kristen Mierzwa, Managing Director, ETP Strategy and Business Development, FTSE Russell
Laura Morrison, SVP, Global Head of Listings, Cboe Global Markets
Bernie Nelson, President - North America, Style Research
Steve Oh, Head of ETF Listings and Business Development, Nasdaq
Luke Oliver, Head of ETF Capital Markets, DWS Xtrackers ETFs
Barry Pershkow, Partner, Chapman and Cutler
Christine Podolak, Senior Director, Exchange Traded Products Surveillance & Investigations, FINRA
Eric M. Pollackov, Global Head of ETF Capital Markets, PowerShares by Invesco
Justin Schack, Managing Director/Partner, Rosenblatt Securities
Bill Stush, Managing Director, Head of Trading, Flow Traders US Institutional Trading
Charles Thomas, Head of US ETF Capital Markets, Vanguard
Andrew Upward, ETF Strategy, Jane Street Group
Simon Z. Wu, Ph.D., Chief Economist, Municipal Securities Rulemaking Board
Douglas M. Yones, Head of Exchange Traded Products, New York Stock Exchange
Click here to register and view the entire agenda.
Registration is open for the ETFs Global Markets Roundtable in Toronto on May 31st http://bit.ly/2qr1RBj
ETFs Global Markets Roundtable Hong Kong will be in Q4 2018
The information contained herein is proprietary. The media is welcome to use our information and ideas, provided that the following sourcing is included: ETFGI is a 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.
ETFGI is an independent research and consultancy firm launched in 2012 by Deborah Fuhr and partners in London offering consulting services and paid for research subscription services. Our service is the only global offering of monthly reports covering each region of the world where ETFs, ETPs are listed, a monthly directory and monthly fact sheets along with a database covering all global products plus you receive insights from us. Visit www.etfgi.com to learn more.
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- ETFs Global Markets Roundtable events 2018
ETFGI is supporting Jobs in ETFs, the first website for careers and recruitment in the ETF industry.
Please contact us at [email protected] if you would like further information on our services.
About Deborah Fuhr
Previously Deborah Fuhr served as global head of ETF research and implementation strategy and as a managing director at BlackRock/Barclays Global Investors from 2008 – 2011. She 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.
She has been working with investors, ETF, ETP providers, index providers, exchanges, MMs and APs, regulators, trade associations, custodians, law firms, accounting firms around the world since 1997.
ETFGI is honored to count as our research and consulting clients some of the leading firms in the ETF Ecosystem around the world as well as some new entrants and firms that are considering entering the ETF, ETP industry.
Past awards for Ms Fuhr include she was the recipient of the 100 Women in Finance 2017 European Industry Leadership Award, the 2014 William F. Sharpe Lifetime Achievement Award for outstanding contributions to the field of index investing and she named one of the “100 Most Influential Women in Finance” by Financial News over several years, most recently in 2016.
Deborah Fuhr is a founder and board member of Women in ETFs “WE” a not for profit organization to connect, support and inspire Women and Men in the ETF ecosystem. WE has over 3,600 members in chapters around the world.
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