ETF data provider ETFGI reports that assets invested in ETFs/ETPs listed globally have increased 35.5 per cent in the first eight months of the year to reach a new record of USD4.800 trillion at the end of August 2017.
The global ETF/ETP industry had 7,019 ETFs/ETPs, with 13,199 listings, assets of USD4.800 trillion, from 331 providers listed on 70 exchanges in 56 countries.
ETFs and ETPs listed globally gathered a record USD42.43 billion in net inflows in August marking 43 consecutive months of net inflows and a record level of USD433.69 billion in year to date net inflows, which is more than double the USD216.59 billion in net inflows at this point last year and USD43 billion more than the USD390.61 billion net inflows gathered in all 2016.
“August is typically a challenging month for equity markets with the average loss over the past 20 years for the S+P 500 at 1.3 per cent. This year the S+P 500 was up 0.31 per cent in August and 11.93 per cent year to date, MSCI ACW was up 0.44 per cent and 15.48 per cent YTD while MSCI EM was up 2.27 per cent for August and 28.59 per cent YTD (all prices in USD). Storms and 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, managing partner at ETFGI.
Equity ETFs/ETPs gathered a level of USD23.47 billion in net inflows in August, bringing year to date net inflows to a record level of USD295.67 billion, which is much greater than the net inflows of USD74.25 billion over the same period last year and more than the USD234.44 billion gathered in all 2016.
Fixed income ETFs and ETPs have gathered a level of USD11.15 billion in net inflows in August, growing year to date net inflows to a record level of USD107.28 billion, which is greater than the same period last year which saw net inflows of USD93.56 billion.
Commodity ETFs/ETPs accumulated net inflows of USD1.39 billion in August. Year to date, net inflows are at USD5.64 billion, which is significantly less than the net inflows of USD33.68 billion gathered over the same period last year.
iShares gathered the largest net ETF/ETP inflows in August with USD13.68 billion, followed by Vanguard with USD10.00 billion and Nomura AM with USD4.46 billion net inflows.
Year to date, iShares gathered the largest net ETF/ETP inflows with USD172.63 billion which is above the USD137.90 billion gathered in all of 2016, followed by Vanguard with USD101.79 billion and Nomura AM with USD18.09 billion and Schwab ETFs with USD18.04 billion in net inflows.