Bringing you live news and features since 2006 

ETFGI reports Latin American ETF assets up over 45 per cent in 2017

RELATED TOPICS​

ETF data provider ETFGI reports that assets invested in ETFs and ETPs listed in Latin America increased by 45.8 per cent during 2017 to reach USD6.80 billion.

Assets invested in ETFs/ETPs listed in Latin America increased by USD2.13 billion during the year, to reach USD6.80 billion. ETFGI writes that as the majority of ETFs listed in Latin America are cross listings, the assets sit in the primary listing typically in the United States.

Year-to-date, through end of December 2017, ETFs and ETPs listed in Latin America saw net inflows of USD1.20 billion, and assets invested in ETFs/ETPs listed in Latin America grew by USD2.13 billion during 2017. The increase of 45.8 per cent, from USD4.66 billion at the end of 2016, also represents the greatest growth in assets since 2009 when markets recovered following the 2008 financial crisis.

During 2017 ETFs/ETPs listed in Latin America saw net inflows of USD1.20 billion.

The majority of these flows can be attributed to the top 20 ETFs by net new assets, which collectively gathered USD1.37 billion during 2017. The iShares Ibovespa Fundo de Indice (BOVA11 BZ) on its own accounted for net inflows of USD434.45 million, ETFGI says.

Equity ETFs/ETPs listed in Latin America suffered net outflows of USD181.52 million in December, taking net inflows for 2017 to USD1.09 billion. Fixed Income ETFs and ETPs experienced net outflows of USD3.18 million in December, bringing net outflows for 2017 to USD35.51 million.

ETFGI concludes that investors have tended to invest in lower cost and core ETFs in 2017 with the iShares Ibovespa Fundo de Indice (BOVA11 BZ) accumulating net inflows of USD434.45 million and a TER of 54bp.

Latest News

European ETFs raised USD47.8 billion in Q1, a 15 per cent increase compared to the same period in 2023, according..
LSEG Lipper’s March report finds that globally equity ETFs (+EUR113.2 billion) enjoyed the highest estimated net inflows for the month,..
Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by