Strong September inflows of USD35bn and positive market performance pushed global exchange-traded fund and exchange-traded product assets to a record USD2.22trn at the end of Q3 2013, says ETFGI.
The Global ETF/ETP industry now has 4,982 ETFs/ETPs, with 10,019 listing, from 212 providers listed on 57 exchanges.
“The Federal Reserve’s decision in their last meeting to maintain the QE scheme at its current size and positive market performance encouraged investors to put net inflows of USD35bn back into the market through ETFs/ETPs,” says to Deborah Fuhr, managing partner at ETFGI.
Year to date (YTD) net inflows into ETFs/ETPs are at USD168.9bn, which is below the USD188.4bn at this time in 2012. Equity ETFs/ETPs gathered the largest net inflows with USD29.3bn, followed by fixed income with USD5.8bn, and commodity with USD1.2bn.
In September, equity ETFs/ETPs gathered the largest net inflows with USD29.3bn. North American/US equity ETFs/ETPs gathered the largest net inflows with USD14.98bn, followed by emerging market equity with USD6.0bn, and European equity with USD3.74bn.
Fixed income ETFs/ETPs saw net inflows of USD5.8 bn. Government bond ETFs/ETPs gathered the largest net inflows with USD2.69bn, followed by high yield with USD2.47bn, and emerging market bond with USD835bn.
Commodity ETFs/ETPs saw net inflows of USD1.16bn. Precious metals ETFs/ETPs gathered the largest net inflows with USD674m, followed by broad commodity indices with USD563m.
YTD, Vanguard ranks first based on net inflows of USD45.1bn, iShares is second with USD41.6bn WisdomTree is third with USD12.0bn, PowerShares is fourth with USD10.6bn and First Trust is fifth with USD5.3bn.
S&P Dow Jones has the largest amount of ETF/ETP assets tracking its benchmarks with USD608bn, reflecting 27.4 per cent market share. MSCI is second with USD358bn and 16.1 per cent market share, followed by Barclays with USD195bn and 8.8 per cent market share.
