ETF data provider ETFGI reports that ETFs and ETPs listed globally gathered USD12.38 billion in net inflows, the lowest monthly amount since May 2016 when net inflows were USD10.53 billion. YTD 2018 net inflows are at USD118.13 billion.
Net new assets gathered by ETFs/ETPs listed globally were USD12.38 billion, the lowest monthly net inflows since May 2016 which had USD10.53 billion.
ETFGI writes that due to market moves the assets invested in ETFs/ETPs listed globally decreased by 3.50 per cent, or USD180.10 billion, during February, to USD4.968 trillion.
February 2018 marked the 49th consecutive month of net inflows into ETFs/ETPs listed globally, and the majority of the monthly net new inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered USD61.8 billion during 2018. The iShares Core S&P 500 ETF (IVV US) on its own accounted for net inflows of USD10.94 billion.
Similarly, the top 10 ETPs by net new assets collectively gathered USD4.44 billion year-to-date during 2018.
Globally-listed Equity ETFs/ETPs gathered net inflows of USD1.42 billion, ETFGI writes, bringing net inflows for 2018 to USD89.08 billion which is less than the USD91.35 billion in net inflows at this point last year. Fixed Income ETFs and ETPs gathered net inflows of USD3.20 billion in February, growing net inflows for 2018 to USD14.76 billion which is less than the USD27.52 billion in net inflows at this point last year.
ETFGI writes that investors have tended to invest in core, market cap and lower cost ETFs in February 2018 with the iShares Core S&P 500 ETF (IVV US) and iShares Core MSCI EAFE ETF (IEFA US) capturing most of the flows.