ETF data provider ETFGI reports assets invested in ETFs/ETPs listed globally reached a new record high of USD3.913 trillion at the end Q1 2017, surpassing the prior record of USD3.844 trillion set at the end of February 2017.
ETFs and ETPs listed globally gathered record net inflows of USD66.27 billion in March marking the 38th consecutive month of net inflows. Year to date, a record USD197.26 billion in net new assets have been gathered. At this point last year there were net inflows of USD69.97 billion.
At the end of March 2017, the Global ETF/ETP industry had 6,771 ETFs/ETPs, with 12,750 listings, assets of USD3.913 trillion, from 305 providers listed on 67 exchanges in 55 countries.
“Investors have favoured equities over fixed income and commodities as equity markets have performed positively in March and in the first quarter of 2017. The S&P 500 gained 0.1 per cent in March and 6.1 per cent during the first quarter. International equity markets performed strongly in March and in the first quarter with the international markets ex US up 2.6 per cent in March and 7.5 per cent in Q1 and emerging markets up 2.1 per cent in March and 11.1 per cent in Q1. With the first round of the French elections looming in the next few weeks, European volatility expectations increased,” says Deborah Fuhr, managing partner and a founder of ETFGI.
Equity ETFs/ETPs gathered net inflows of USD49.07 billion in March, bringing year to date net inflows to USD139.67 billion, which is greater than the net inflows of USD5.06 billion over the same period last year.
Fixed income ETFs and ETPs experienced net inflows of USD11.68 billion in March, growing year to date net inflows to USD39.20 billion, which is less than the same period last year which saw net inflows of USD41.62 billion.
Commodity ETFs/ETPs accumulated net inflows of USD1.30 billion in March. Year to date, net inflows are at USD8.87 billion, compared to net inflows of USD14.56 billion over the same period last year.
iShares gathered the largest net ETF/ETP inflows in March with USD27.32 billion, followed by Vanguard with USD13.64 billion and Nomura AM with USD3.70 billion net inflows.
In Q1 2017, iShares gathered the largest net ETF/ETP inflows with USD65.36 billion, followed by Vanguard with USD42.81 billion and SPDR ETFs with USD13.87 billion net inflows.