Assets listed in global active ETFs have reached a new record high of USD40.33 billion at the end of the third quarter of 2016 according to data providers ETFGI.
Record levels of assets were also reached at the end of June for active ETFs/ETPs listed in the United States at USD27.49 billion, Canada with USD4.82 billion, and in Asia Pacific ex-Japan with USD1.87 billion.
At the end of Q3 2016, the global active ETF/ETP industry had 293 ETFs/ETPs, with 389 listings, assets of USD40 billion, from 56 providers listed on 18 exchanges in 14 countries.
In September 2016, active ETFs/ETPs saw net inflows of USD574 million. YTD through end of Q3 2016, active ETFs/ETPs saw net inflows of USD3.86 billion.
PIMCO is the largest ETF/ETP provider in terms of assets with USD8.07 billion, reflecting 20.0 per cent market share; Source is second with USD5.49 billion and 13.6 per cent market share, followed by First Trust with USD5.44 billion and 13.5 per cent market share. The top three ETF/ETP providers, out of 46, account for 47.1 per cent of Global ETF/ETP assets.
Just nine out of the 293 active ETFs/ETPs have greater than USD1 billion in assets, and hold a combined total of USD21 billion, or 51.2 per cent, of global active ETF/ETP assets.