ETF data provider ETFGI reports that assets invested in Active ETFs and ETPs listed globally increased by 57.3 per cent during 2017 to reach a new high of USD75.20 billion at the end of December.
ETFGI reports that assets invested in Active ETFs/ETPs listed globally grew by a record USD27.40 billion during 2017, over double the previous record of USD11.20 billion set in 2016. The increase of 57.3 per cent, from USD47.84 Billion at the end of 2016, also represents the greatest growth in assets since 2009 when markets recovered following the 2008 financial crisis.
Assets invested in Active ETFs/ETPs listed globally increased by a record USD27.40 billion during the year, to reach a new high of USD75.20 billion. Year-to-date, through end of December 2017, Active ETFs and ETPs listed globally saw net inflows of USD24.92 billion.
This record was achieved on the eve of another milestone for the ETF industry: the 25th anniversary of the listing of the first ETF in the US, the venerable SPDR S&P 500 ETF (SPY US), on 22nd January 1993. At the end of 2017, SPY on its own accounted for assets of USD271.39 billion.
December 2017 marked the 36th consecutive month of net inflows into Active ETFs/ETPs listed globally, with USD1.21 billion gathered during the month. During 2017 Active ETFs/ETPs listed globally saw net inflows of USD24.92 billion; 154.33 per cent more than net inflows for 2016.
The majority of these flows can be attributed to the top 20 Active ETFs by net new assets, which collectively gathered USD14.54 billion during 2017. The PIMCO Enhanced Short Maturity Strategy Fund (MINT US) on its own accounted for net inflows of USD2.40 billion, ETFGI says.
The top five Active ETPs by net new assets collectively gathered USD54.07 million year-to-date during 2017. Equity ETFs/ETPs listed globally saw net inflows of USD876.00 million in December, growing net inflows for 2017 to USD7.20 billion. Fixed Income ETFs and ETPs gathered net inflows of USD126.00 million in December, bringing net inflows for 2017 to USD16.43 billion.