Bringing you live news and features since 2006 

upwards trending arrow

US ETP assets recover USD13bn on market bounce-back

RELATED TOPICS​

Positive equity markets and healthy inflows added USD12.6bn or 1.1% to ETP assets last week, bringing assets up to USD1.12bn or up 7.4% YTD at the end of last Friday, according to figures released by Deutsche Bank.

Assets for equity, fixed income and commodity ETPs moved +USD13.9bn, +USD1.3bn, and -USD2.3bn during last week, respectively.

The total US ETP flows from all products registered USD3.1bn of inflows during last week vs USD1.7bn of inflows the previous week, setting the YTD weekly flows average at +USD2.8bn (+USD58.4bn YTD in total cash flows).
Equity, Fixed Income, and Commodity ETPs experienced flows of +USD2.8bn, +USD1.3bn, and -USD1.0bn last week vs. -USD0.6bn, +USD2.0bn, and +USD0.3bn the previous week, respectively.

Within Equity ETPs, large cap and growth style products experienced the largest inflows (+USD1.5bn, +USD1.0bn respectively); while leverage short vehicles experienced the largest outflows (-USD0.3bn). Within Fixed Income ETPs, Sovereign products recorded the largest inflows (+USD0.9bn), followed by broad benchmarked products (+USD0.4bn); while Corporates experienced outflows of USD0.2bn. Within Commodity ETPs, Precious Metals products experienced the largest outflows (-USD1.0bn).

Total weekly turnover decreased by 17.8% to USD318bn vs. USD387bn in the previous week. Last week’s turnover level was 16% below last year’s weekly average. The largest absolute increase was on Equity ETP turnover, which dropped by USD58.9bn or 17.2% to USD283bn. Fixed Income ETP and Commodity ETP turnover followed with decreases of 20.3% (-USD4.3bn) and 26.7% (-USD5.3bn), respectively.

There were two new ETFs and two new ETNs listed on the NYSE Arca during the previous week. The ETFs offer access to covered bonds and to a multi asset strategy, while the ETNs offer monthly double exposure to dividend stocks.
 

Latest News

EFAMA has published its latest Monthly Statistical Release for May 2024...
Solactive writes that it has expanded its collaboration with Kiwoom Asset Management by providing the underlying indices to the KIWOOM..
MSCI has announced the launch of MSCI Private Capital Indexes, writing that with growing investor interest in private markets, high..
Matteo Greco, Research Analyst at Fineqia International, writes that bitcoin (BTC) ended the week at approximately USD68,150, marking a 12.1..

Related Articles

Scott Kefer, VictoryEx Capital Holdings
Bailey McCann writes that active ETFs are capturing investor interest, according to the latest data from Morningstar, which finds that...
Chris Lo, Columbia Threadneedle
In a recent insight on India by Columbia Threadneedle Investments, the firm reports that the country’s economic reforms, which aim...
With an election on the horizon in the United States a group of ETFs is poised to capture investments on...
Robot worker
Qraft Technologies, based in South Korea, specialises in the use of AI in security selection and portfolio construction....
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by