ETFGI, the leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, today reported assets invested in ETFs/ETPs listed globally reached a new record high US$3.408 trillion at the end of Q3 2016. Net flows gathered by ETFs/ETPs in September were strong with US$25.19 Bn of net new assets gathered during the month marking the 32nd consecutive month of net inflows, according to preliminary data from ETFGI’s September 2016 global ETF and ETP industry insights report (click here to view the ETFGI global asset growth chart).
Record levels of assets were also reached at the end of Q3 for ETFs/ETPs listed in the United States at US$2.415 trillion, in Europe at US$566.74 Bn, and in Asia Pacific ex-Japan at US$131.88 Bn.
At the end of Q3 2016, the Global ETF/ETP industry had 6,526 ETFs/ETPs, with 12,386 listings, assets of US$3.408 trillion, from 284 providers listed on 65 exchanges in 53 countries.
“Although there was a rally after the FOMC’s vote to leave interest rates unchanged in September, the S&P 500 ended the month flat and the SJIA with a moderate decline of 0.4%. Developed markets ex-US and Emerging markets were up 1.5% and 1.2%, respectively” according to Deborah Fuhr, co-founder and managing partner at ETFGI.
In September 2016, ETFs/ETPs gathered net inflows of US$25.19 Bn. Equity ETFs/ETPs gathered the largest net inflows with US$13.91 Bn, followed by fixed income ETFs/ETPs with US$7.76 Bn, and commodity ETFs/ETPs with US$2.12 Bn.
YTD through end of Q3 2016, ETFs/ETPs have seen net inflows of US$238.12 Bn which is down slightly from the US$251.67 Bn gathered at this point in 2015. Fixed income ETFs/ETPs have gathered the largest net inflows YTD with US$100.67 Bn which is a record level of YTD NNA significantly above the prior YTD record of US$64.14 Bn set in 2015, followed by equity ETFs/ETPs with US$85.55 Bn, and commodity ETFs/ETPs with US$36.55 Bn which is a record level of YTD NNA significantly above the prior YTD record of US$17.12 Bn set in 2012.
iShares gathered the largest net ETF/ETP inflows in September with US$9.15 Bn, followed by Nomura AM with US$3.96 Bn and Vanguard with US$3.14 Bn net inflows.
YTD, iShares gathered the largest net ETF/ETP inflows with US$88.43 Bn, followed by Vanguard with US$63.46 Bn and SPDR ETFs with US$22.60 Bn net inflows.