ETFGI, the leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported on January 20th, 2106, that assets invested in ETFs/ETPs listed in the United States reached a new record high of $2.549 trillion at the end of 2016 (all dollar values in USD unless stated otherwise). ETFs/ETPs listed in the U.S. gathered a record level of net inflows $59.37 Bn for the month of December marking the 10th consecutive month of net inflows and a record level of $278.74 Bn in net inflows for the year, according to preliminary data from ETFGI's end of 2016 global ETF and ETP industry insights report (click here to view the ETFGI asset growth chart for ETFs/ETPs listed in the United States).
Record levels of assets under management were reached at the end of 2016 for ETFs/ETPs listed globally at $3.546 trillion, in the United States at $2.549 trillion, in Europe at $571 billion, in Asia Pacific ex-Japan at $135 billion and in Canada at $84 billion.
At the end of 2016, the U.S. ETF/ETP industry had 1,969 ETFs/ETPs, assets of $2.549 trillion, from 105 providers listed on 3 exchanges. According to Deborah Fuhr, co-founder and managing partner at ETFGI:
2016 was an eventful year with a number of unexpected outcomes - the U.K. vote for Brexit to leave the European Union and the election of Trump as the U.S. President.The S&P 500 gained 12.0% while the DJIA increased 16.5% for the year. All U.S. sectors performed positively for the year, with the exception of Health Care. The VIX declined by a dramatic 22.9%. European equities ended the year up 3.44%. Canadian equities ended the year strongly with the S&P/TSX Composite and the S&P/TSX 60 were up 21.1% and 21.4%.
ETFs and ETPs listed in the United States gathered record level of net inflows of $59.37 Bn for December. Year to date, net inflows were at a record $278.74 Bn. At this point last year there were net inflows of $239.82 Bn.
Equity ETFs/ETPs gathered net inflows of $55.92 Bn in December, bringing year to date net inflows to $171.74 Bn, which is just slightly less than the net inflows of $172.71 Bn over the same period in 2015.
Fixed income ETFs and ETPs experienced net inflows of $6,012 Mn in December, growing year to date net inflows to a record level $80.50 Bn, which is greater than the same period last year which saw net inflows of $50.28 Bn.
Commodity ETFs/ETPs saw net outflows of $2.99 Bn in December. In 2016, net inflows were a record $17.90 Bn, compared to net inflows of $249 Mn over the same period last year.
In 2016, iShares gathered the largest net ETF/ETP inflows in December with $20.27 Bn, followed by SPDR ETFs with $18.00 Bn and Vanguard with $12.78 Bn net inflows.
In 2016, iShares gathered the largest net ETF/ETP inflows YTD with $104.80 Bn, followed by Vanguard with $89.01 Bn and SPDR ETFs with $53.63 Bn net inflows.
In 2016, 129 ETFs/ETPs were closed which is the largest number of closures during a year.
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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