April figures from ETFGI show that assets in ETFs/ETPs globally reached a new record USD2.998 trillion, but just fell short of breaking through the USD3 trillion milestone at the end of April. The firm expects that level to be reached by the middle of 2015.
Record levels of assets were also reached at the end of April for ETFs/ETPs listed in the United States at USD2.132 trillion, Europe at USD511 billion, Asia Pacific ex-Japan at USD125 billion, Japan at USD112 billion and Canada at USD69.9 billion.
ETFGI estimates that the global ETF/ETP industry had 5,719 ETFs/ETPs, with 11,077 listings, from 250 providers listed on 63 exchanges in 51 countries.
In April 2015, ETFs/ETPs saw net inflows of USD10.6 Bn. Through the end of April record levels of net new assets (NNA) have been reached by ETFs/ETPs listed globally, gathering USD108.8 billion – a significant increase on the USD71.7 billion in in the first four months of 2014.
Products listed in the United States gathered USD72.1 billion which is more than double the USD34.9 billion gathered over the same period in 2014, while ETFs/ETPs listed in Europe gathered USD38.4 billion, which is significantly higher than the USD20.4 billion gathered during the same period in 2014.
“Market performance outside the United States contributed to the overall increase in assets invested in ETFs/ETPs. Developed and emerging markets had a very good month, gaining 5 per cent and 8 per cent, respectively while in the United States the S&P 500 and Dow were up less than 1 per cent”, says Deborah Fuhr, managing partner of ETFGI.
Fixed income ETFs/ETPs gathered the largest net inflows with USD9.8 billion over April, followed by equity ETFs/ETPs with USD1.8 billion, while commodity ETFs/ETPs saw net outflows of USD1.1 billion.
Equity ETFs/ETPs gathered the largest net inflows YTD with USD53.2 billion, followed by fixed income ETFs/ETPs with a record level of USD41.2 billion, and commodity ETFs/ETPs with USD5.6 billion in net inflows YTD.
Vanguard gathered the largest net ETF/ETP inflows in April with USD8.1 billion, followed by DB/x-trackers with USD5.9 billion and WisdomTree with USD4.1 billion net inflows.