Net inflows in January of USD13.3 billion into fixed income products and USD5.2 billion of net inflows into commodity ETFs/ETPs globally ranked as the third largest months on record for both asset classes.
Equity ETFs/ETPs meanwhile suffered net outflows of USD8.0 billion in January.
ETFGI’s new research finds overall net new asset (NNA) flows in January were USD12.2 billion.
The global ETF/ETP industry had 5,585 ETFs/ETPs, with 10,770 listings, assets of USD2.77 trillion, from 242 providers, listed on 63 exchanges in 51 countries, at the end of January 2015, according to preliminary data from ETFGI’s end January 2015 global ETF and ETP industry insights report.
“Investors showed a strong preference for fixed income and commodity exposure during January as volatility increased. The S&P 500 was down 4%, developed markets were flat, emerging markets were down slightly while frontier markets were down 3% in January. The ECB announced on January 22nd a stimulus package which will total USD1.27 trillion based on buying USD69 billion a month in public and private bonds to stimulate the European economy,” says Deborah Fuhr, Managing Partner at ETFGI.
Globally Vanguard gathered the largest net ETF/ETP inflows in January with USD9.8 billion, followed by iShares with USD7.7 billion, WisdomTree with USD3.9 billion, DB Xtrackers with USD3.3 billion And UBS GAM USD2.3 billion in net inflows.
Fifty-five new products were listed in January by 26 providers which is just 1 less than the 56 new product listed in January 2014. Thirty-nine ETFs/ETPs were closed in January which is a 250% increase from the 11 closures in January 2014.
The ETF/ETP industry in Europe has started 2015 with the largest ever monthly net inflows of USD14.9 billion, surpassing the prior record of US10.8 billion in net inflows set in July 2014. ETFs/ETPs in Japan had a strong start to the year gathering USD3.8 billion, which is more than the USD3.0 billion gathered in January 2014. The ETF/ETP industry in Asia Pacific (ex-Japan) had the weakest start to the year suffering USD3.0 billion in net outflows during January.
