Assets invested in ETFs/ETPs listed globally broke through the USD3 trillion milestone at the end of May to reach a new record of USD3.015 trillion in assets under management, according to ETFGI’s preliminary monthly ETF and ETP global insight report for May 2015. At the end of May 2015, the Global ETF/ETP industry had 5,757 ETFs/ETPs, with 11,117 listings, from 256 providers listed on 62 exchanges in 51 countries, according to the firm.
“Our forecast was that assets would break through USD3 trillion by the middle of 2015. It took the global ETF/ETP industry 19 years to reach USD1 trillion in assets under management, 23 years to reach USD2 trillion in AUM and just 25 years to reach USD3 trillion in AUM. The increasing rate of asset growth illustrates how ETFs have been embraced as an investment solution by institutional investors, financial advisors and retail investors around the world” says Deborah Fuhr, managing partner of ETFGI.
Record levels of assets were also reached at the end of May for ETFs/ETPs listed in the US at USD2.15 trillion and Japan at USD117 billion. “In May, both the S&P 500 and the Dow were up 1 per cent while, developed markets were down 1 per cent, and emerging markets declined 3 per cent” says Deborah Fuhr, managing partner of ETFGI.
In May 2015, ETFs/ETPs listed globally saw net inflows of USD19 billion. Equity ETFs/ETPs gathered net inflows of USD20.8 billion, while fixed income ETFs/ETPs experienced net outflows of USD1.5 billion and Commodity ETFs/ETPs had net outflows of USD912 million.
Through the end of May record levels of net new assets (NNA) have been reached by ETFs/ETPs listed globally gathering USD127.5 billion which is a significant increase over the prior record of USD109.3 billion gathered in in the first five months of 2013.
Year to date products listed in Europe gathered USD39.2 billion which is significantly more than the prior record of USD26.4 billion gathered over the same period in 2014, ETFs/ETPs listed in Japan gathered USD14.5 billion, which is slightly higher than the USD 14.3 billion gathered during the same period in 2014, and ETFs/ETPs listed in Canada gathered USD 5.6 billion which is slightly higher than the prior record of USD 5.5 billion gathered in the first five months of 2013.
Vanguard gathered the largest net ETF/ETP inflows in May USD5.23 billion, followed by Huatai-PB with USD3.45 billion, WisdomTree with USD1.69 billion net inflows and First Trust with USD1.64 billion.