ETF research firm, ETFGI, reports assets invested in ETFs/ETPs listed globally reached a new record high USD3.143 trillion at the end of May 2016.
Record levels of assets invested in ETFs/ETPs were also reached at the end of May for ETFs/ETPs listed in the United States at USD2.229 trillion, and in Japan which reached USD147 billion, the firm says.
At the end of May 2016, the Global ETF/ETP industry had 6,374 ETFs/ETPs, with 12,200 listings, from 280 providers listed on 65 exchanges in 53 countries according to the ETFGI report.
“The S+P 500 index was up just 1.8 per cent in May. Developed markets ex-US declined 0.9 per cent and emerging markets declined 3.2. per cent. There is still a significant amount of uncertainty in the markets due to the upcoming Brexit vote and the expectation that the Fed will raise rates sooner than expected," says Deborah Fuhr, managing partner at ETFGI.
In May 2016, ETFs/ETPs have gathered net inflows of USD10.60 billion. Fixed income ETFs/ETPs gathered the largest net inflows with USD7.47 billion, followed by commodity ETFs/ETPs with USD5.47 billion, while equity ETFs/ETPs experienced net outflows of USD4.53 billion. ETFGI writes that this marks the 28th consecutive month of net inflows.
YTD through end of May 2016, ETFs/ETPs have gathered net inflows of USD91.26 billion. Fixed income ETFs/ETPs gathered the largest net inflows YTD with USD56.83 billion, followed by commodity ETFs/ETPs with USD19.90 billion, and equity ETFs/ETPs with USD3,40 billion.
Vanguard gathered the largest net ETF/ETP inflows in May with USD8.46 billion, followed by Schwab ETFs with USD1.32 billion and Van Eck with USD1.11 billion net inflows.
YTD, Vanguard gathered the largest net ETF/ETP inflows YTD with USD32.26 billion, followed by iShares with USD27.08 billion and SPDR ETFs with USD6.29 billion net inflows.