ETF data provider ETFGI reports a record USD391.26 billion in net new assets have been invested in ETFs/ETPs listed globally in the first seven months of 2017, just passing the USD390.42 billion raised in the whole of 2016.
July saw ETFs and ETPs listed globally gathering USD43.48 billion in net inflows marking 41 consecutive months of net inflows.
Assets invested in ETFs/ETPs listed globally increased 2.7 per cent in July and 20.6 per cent year-to-date growing from USD3.548 trillion to a record USD4.279 trillion.
At the end of July 2017, the Global ETF/ETP industry had 6,978 ETFs/ETPs, with 13,192 listings, assets of USD4.279 trillion, from 329 providers listed on 69 exchanges in 56 countries.
“Most equity markets continued to see gains in July. The S&P 500 gained 2 per cent with Telecom and Info Tech the top performing sectors, up 6 per cent and 4 per cent, respectively.
International equities, and especially emerging markets, were up 3 per cent and 6 per cent, respectively. Political risks remain a focus for investors – the ability of the Trump administration to move forward on policy goals and hearings on Capitol Hill, Brexit negotiations, and North Korea is still an area of concern,” says Deborah Fuhr, (pictured) managing partner at ETFGI.
In July 2017, ETFs/ETPs gathered net inflows of USD43.48 billion. Equity ETFs/ETPs gathered the largest net inflows with USD29.60 billion, followed by fixed income ETFs/ETPs which gathered a record level for July of USD15.11 billion, while commodity ETFs/ETPs experienced net outflows of USD3.12 billion.
YTD through end of July, ETFs/ETPs have gathered a record level of net inflows of USD391.26 billion, surpassing the USD390.42 billion in net inflows that were invested in all of 2016.
Equity ETFs/ETPs gathered the largest net inflows YTD with a record USD272.21 billion, followed by fixed income ETFs/ETPs with a record level of USD96.15 billion, and commodity ETFs/ETPs with USD4.25 billion in net inflows.
iShares gathered the largest net ETF/ETP inflows in July with USD18.11 billion, followed by Vanguard with USD9.49 billion and SPDR ETFs with USD2.82 billion net inflows.