ETFGI reports that Active ETFs and ETPs listed globally reach a new high of US$95.9 billion at the end of July 2018

LONDON — August 22, 2018 — ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today that assets invested in Active ETFs and ETPs listed globally reached a new high of US$95.9 billion, following net inflows of US$3.59 billion and market moves during July, according to ETFGI’s July 2018 Global Active ETF and ETP industry landscape insights report, an annual paid-for research subscription service.  (All dollar values in USD unless otherwise noted.) 
 
Highlights 

  • Active ETFs and ETPs listed globally reached a new high of $95.9 Bn in assets.

  • Active ETFs and ETPs listed globally gathered net new assets of $3.59 Bn during July 2018.

  • Fixed income products experienced the largest net inflows, while commodity-based products saw the largest net outflows.

“The S&P 500 gained 3.72%, international markets ex US were up 1.93% and emerging markets up 2.81%.  Investors are still concerned about the impact of trade wars and Brexit,” according to Deborah Fuhr, managing partner and a founder of ETFGI.
 
At the end of July 2018, the Global Active ETF/ETP industry had 524 ETFs/ETPs, with 640 listings, assets of US$95.9 Bn, from 104 providers on 18 exchanges. Due to net inflows and market moves the assets invested in Actively managed ETFs and ETPs listed globally increased by 4.70% during July, from $91.6 Bn at the end of June and have increased 26.1% year-to-date, from $76.0 Bn.

Growth in Active ETF and ETP assets as of the end of July 2018

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Fixed income products gathered the largest net inflows during July, with $2.86 Bn bringing the year-to-date total to $13.3 Bn. Equity based products gathered net inflows of $660 Mn during July bringing the year-to-date total to $5.10 Bn. Commodity based products experienced net outflows of $8 Mn during July 2018 bringing year-to-date net inflows to $1.90 Bn.

 

Top 20 Active ETFs/ETPs by net new assets July 2018: Global
 

Name

Country Listed

Ticker

Total Assets
(US$ Mn)
Jul-18

ADV
(US$ Mn)
Jul-18

NNA
(US$ Mn)
YTD 2018

NNA
(US$ Mn)
Jul-18

iShares Short Maturity Bond ETF

US

NEAR US

4,382

101

1,501

533

PIMCO Enhanced Short Maturity Strategy Fund

US

MINT US

9,860

94

1,812

448

JPMorgan Ultra-Short Income ETF

US

JPST US

1,694

31

1,583

381

PIMCO US Dollar Short Maturity ETF

UK

MINT LN

2,863

11

268

268

First Trust Senior Loan ETF

US

FTSL US

1,723

14

389

160

Invesco Ultra Short Duration ETF

US

GSY US

1,338

17

271

131

Huntington US Equity Rotation Strategy ETF

US

HUSE US

234

7

159

130

ARK Innovation ETF

US

ARKK US

1,171

15

701

110

LYXOR SMART CASH - UCITS ETF - C-EUR

France

CSH2 FP

876

3

49

92

AGFiQ Enhanced Global Infrastructure ETF

Canada

QIF CN

211

4

208

89

Fidelity Limited Term Bond ETF

US

FLTB US

187

5

81

79

iShares Liquidity Income ETF

US

ICSH US

406

5

263

63

iShares Commodities Select Strategy ETF

US

COMT US

785

7

460

62

PIMCO Euro Short Maturity ETF

Germany

PJS1 GY

3,075

2

(163)

62

First Trust Low Duration Mortgage Opportunities ETF

US

LMBS US

1,457

9

507

56

ARK Web x.O ETF

US

ARKW US

672

12

380

50

BMO Ultra Short-Term Bond ETF

Canada

ZST CN

126

3

90

50

Horizons Active Floating Rate Bond ETF

Canada

HFR CN

545

4

232

47

Mackenzie Floating Rate Income ETF

Canada

MFT CN

441

3

230

47

PIMCO Sterling Short Maturity ETF

UK

QUID LN

495

1

225

46

Source: ETFGI data sourced from ETF/ETP sponsors, exchanges, regulatory filings, Thomson Reuters/Lipper, Bloomberg, publicly available sources and data generated in-house. Note: This report is based on the most recent data available at the time of publication. Asset and flow data may change slightly as additional data becomes available.

Investors tended to invest in short term, broad/aggregate fixed income funds during July 2018. The iShares Short maturity Bond ETF, trading under the aptly named (NEAR US), saw the greatest net inflows during July with $553 Mn. This was followed by the PIMCO Enhanced Short Maturity Strategy Fund (MINT US) with net inflows of $448 Mn during July. The top 20 Actively managed ETFs/ETPs, by net new assets during July, saw inflows totalling $2.90 Bn and collectively have $32.5 Bn in assets under management.  

Please contact deborah.fuhr@etfgi.com if you would like to discuss the cost to subscribe to any of ETFGI’s research or consulting services.


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Featured Events

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Registration is open for the 2018 ETFs Global Markets Roundtable conference in Hong Kong  
Date: October 9th 
Time: 8:30am – 5pm
Location: Ernst & Young Group Limited, 22/F CITIC Tower, 1 Tim Mei Avenue, Central, Hong Kong 

Click here to register

The conference is designed to provide the opportunity for institutional investors and financial advisors, as well as other market participants, to hear from the regulator, leading ETF issuers, major brokers, stock exchanges, law firms and others about regulatory, liquidity, pricing, trading, and technological developments impacting the use and trading of ETFs, and the impact that ETFs have on the markets and market structure. 

Free registration is available for investment advisors, as well as buyside traders, portfolio managers and fund selectors. Click here to view the current program, and registration information

The ETFs Global Markets Roundtable events are a series of conferences organised by ETFGI and Capital Markets Strategies. Our first event took place in June 2017 in New York City. In 2018 ETFs Global Markets Roundtable conferences were held in London on April 19 (covering EMEA), New York on May 15 (covering USA/Latin America), and Toronto on May 31 (covering Canada).  The events offer an opportunity for a substantive and in-depth discussion about the liquidity, trading, technological and regulatory developments impacting ETFs in the respective jurisdictions. 

To view the agendas, speakers and sponsors for our prior events in 2018 please click on the city name below: 
London      April 19, 2018 
New York  May 15, 2018 
Toronto      May 31, 2018   


Schedule of Upcoming Conferences in 2019 

EMEA (London) - March / April 2019 
US/Latin America (New York) - May 2019 
Canada (Toronto) - June 2019 
APAC (Hong Kong) - October 2018 

If you are interested in Sponsoring or Speaking at the Hong Kong event or a future event or have any questions, please contact me at  deborah.fuhr@etfgi.com



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 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
 
About ETFGI 
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Please contact us at deborah.fuhr@etfgi.com 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 4,100 members in chapters around the world. 
 
Contact: 
Deborah Fuhr 
Managing Partner 
ETFGI 
Mobile: +44 777 5823 111 
Email: deborah.fuhr@etfgi.com 
Web: 
www.etfgi.com 
Twitter: @deborahfuhr 
LinkedIn: ETF Network 
LinkedIn: Women In ETFs