ETFs and ETPs listed globally gathered US$34.0 billion in net new assets in April which, when combined with a small positive market performance in the month, pushed assets in the global ETF/ETP industry to a new record high.…
Deborah Fuhr, Managing Partner at ETFGI
of US$2.49 trillion, according to preliminary data from ETFGI’s April 2014 Global ETF and ETP industry insights report. At the end of April 2014 there were 5,241 ETFs/ETPs, with 10,238 listings, from 221 providers listed on 59 exchanges around the world.
The ETF/ETP industry in many countries and regions also hit record highs in assets at the end of April 2014 including: the United States at US$1.76 Trn, Europe at US$449.7 Bn, Japan at US$82.4 Bn, Canada at US$61.1 Bn, and the Middle East/Africa at US$41.4 Bn.
“In April, as was the case in March, investors continued to show a strong preference to equity allocations. Equity markets were again choppy in April – the S&P 500 closed at an all-time high on April 2nd but ended the month up less than 1%. The DJIA closed the month at an all-time high of 16,581. Outside the U.S., developed markets improved slightly, European equities continued to strengthen, while emerging markets remained flat for the month.” according to Deborah Fuhr, Managing Partner at ETFGI.
In April 2014, ETFs/ETPs globally gathered net inflows of US$34.0 Bn. Equity ETFs/ETPs gathered the largest net inflows with US$27.5 Bn, followed by fixed income ETFs/ETPs with US$6.3 Bn, while commodity ETFs/ETPs experienced net outflows of US$920 Mn.
YTD through end of April 2014, ETFs/ETPs have seen net inflows of US$68.9 Bn which is less than the US$83.1 Bn of net inflows gathered at this time last year. Equity ETFs/ETPs have gathered the largest net inflows YTD with US$37.4 Bn, followed by fixed income ETFs/ETPs with US$24.5 Bn, while commodity ETFs/ETPs have experienced net outflows of US$1.2 Bn YTD.
In April 2014, iShares gathered the largest net ETF/ETP inflows with US$10.7 Bn, followed by Vanguard with US$6.2 Bn in net inflows, and SPDR ETFs with US$4.6 Bn in net inflows.