Global equity-based Smart Beta ETFs and ETPs gathered net inflows of USD7.38 billion during January, with total assets invested in the sector increasing by 10.1 per cent, from USD618 billion at the end of December, to USD680 billion.
That’s according to ETFGI’s January 2019 ETF and ETP Smart Beta industry landscape insights report, an annual paid-for research subscription service.
Multi factor ETFs and ETPs continued to attract the greatest monthly net inflows, seeing USD2.36 billion in January. Dividend-Factor ETFs and ETPs saw the greatest outflows during the month, amounting to USD657 million.
Substantial inflows can be attributed to the top 20 Smart Beta ETFs/ETPs’s by net new assets, which collectively gathered USD8.73 billion in January, the iShares Edge MSCI USA Quality Factor ETF (QUAL US) gathered USD1.76 billion alone.