ETFGI, the leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today assets invested in ETFs/ETPs listed globally reached a new record high of $3.689 trillion at the end January 2017 surpassing the prior record of $3.546 trillion set at the end of December 2016. (All dollar values in USD unless otherwise stated.)
ETFs/ETPs gathered a record level of $62.13 billion in net inflows in January, marking the 36th consecutive month or 3 years of net inflows, according to preliminary data from ETFGI's January 2017 global ETF and ETP industry insights report (click here to view the ETFGI global asset growth chart).
Record levels of assets under management were reached at the end of January for ETFs/ETPs listed globally at $3.689 trillion, in the United States at $2.641 trillion, in Europe at $598.76 billion, in Asia Pacific ex Japan at $132.87 billion, and in Canada at $88.84 billion.
At the end of January 2017, the Global ETF/ETP industry had 6,670 ETFs/ETPs, with 12,588 listings, assets of $3.689 trillion, from 293 providers listed on 65 exchanges in 53 countries. According to Deborah Fuhr, managing partner and co-founder of ETFGI:
Investors favour equities over commodities and fixed income during January as equity markets had a good start to 2017. Developed markets outside the US and emerging markets showed strong performance in January up 3.2% and 5.1% respectively while the S&P 500 index was up 1.9% and the DJIA index was up 0.6% in January.
ETFs/ETPs gathered a record level of $62.13 Bn for January. Equity ETFs/ETPs gathered the largest net inflows with $46.00 Bn, followed by fixed income ETFs/ETPs with $13.13 Bn, active ETFs/ETPs with $1.51 Bn, and commodity ETFs/ETPs with net inflows of $987 Mn.
Equity ETFs/ETPs gathered a record level of $46.00 Bn of net inflows for January. Investors allocated net inflows to equities in most regions of the world. North American equity ETFs/ETPs gathered the largest net inflows with $20.06 Bn, followed by ETFs/ETPs providing exposure to developed Asia Pacific equity indices with $9.63 Bn, global (ex-US) equity ETFs/ETPs with $6.16 Bn, emerging markets with $4.32 Bn, global equity indices with $3.13 Bn, and European equity indices with $3.03 Bn, while Middle East and African equity ETFs/ETPs experienced net outflows of $326 Mn.
iShares gathered the largest net ETF/ETP inflows in January with $19.19 Bn, followed by Vanguard with $15.93 Bn and Nomura AM with $4.20 Bn net inflows.
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.
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.
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