TrackInsight, a global Exchange-Traded Funds analysis platform, has reported record highs across European-domiciled, North American-domiciled and ESG ETFs, as of the end of November 2020.ETFs domiciled in Europe reached a record high of USD1.193 trillion in AUM, up from USD1.084 trillion at the end of October. European-domiciled ETFs have grown by a total of USD167 Billion this year.
Across the Atlantic, ETFs domiciled in North America also hit a new high of USD5.408 Trillion in AUM, up from USD4.864 Trillion the previous month. North American-domiciled ETFs have added an impressive USD845 billion YTD.
While ETFs have been a high-growth and resilient industry throughout the challenges of 2020, one area has stood out for the exceptional speed and scale of adoption – ESG ETFs. Investment into ESG ETFs has surged, along with the number of listed funds. Starting 2020 with global AUM of USD56.6 Billion, ESG ETFs have added USD91 Billion of new assets this year, nearly trippling global AUM to a record high of USD148 Billion. TrackInsight has monitored more than 167 new ESG ETF launches in 2020 as issuers scramble to compete for huge asset flows, bringing the total listings to more than 520 ESG ETFs globally.
Anaelle Ubaldino, Head of ETF Research & Investment Advisory at TrackInsight. says: “The whole asset management industry has faced an acid test in 2020 and ETFs have passed with flying colours. The tremendous growth we witness month after month demonstrates how ETFs have successfully convinced investors of the benefits of a liquid, lwo-cost and transparent product – and of their reliability during more volatile markets. Additionally, it’s clear that ETFs have been one of investors’ favoured way to invest sustainably so far. They have gotten the lion’s share of the huge growth recorded in the ESG sector this year. The competition for these new assets is heating up and the fast pace of ESG ETFs launches is likely to continue for some time.”