Assets in active ETFs jumped to record $151.2bn in November

The total amount of assets invested in actively-managed exchange traded funds or exchange traded products in November increased 2.7 per cent month-on-month to reach a new high of $151.24 billion (Dh555.4bn), according to a report from ETFGI, an independent research and consultancy firm.

The bulk of this investment is held in actively-managed fixed income funds, rather than equity funds, ETFGI said.

“Substantial inflows can be attributed to the top 20 ETFs or ETPs [exchange traded products] by net new assets, which collectively gathered $3.39bn in November. JPMorgan Ultra-Short Income ETF gathered $580.16 million alone,” the report noted.