Assets invested in the global ETF / ETP industry broke through the 3 trillion US dollar milestone at the end of May according to ETFGI.
LONDON — June 5, 2015 — Assets invested in ETFs/ETPs listed globally broke through the US$3 trillion milestone at the end of May to reach a new record of US$3.015 trillion in assets under management (AUM), according to ETFGI’s preliminary monthly ETF and ETP global insight report for May 2015. At the end of May 2015, the global ETF/ETP industry had 5,757 ETFs/ETPs, with 11,117 listings, from 256 providers listed on 62 exchanges in 51 countries.
“Our forecast was that assets would break through US$3 trillion by the middle of 2015. It took the global ETF/ETP industry 19 years to reach US$1 trillion in assets under management, 23 years to reach US$2 trillion in AUM and just 25 years to reach US$3 trillion in AUM. The increasing rate of asset growth illustrates how ETFs have been embraced as an investment solution by institutional investors, financial advisors and retail investors around the world.” according to Deborah Fuhr, managing partner of ETFGI.
Global ETFs / ETPs assets reach record levels
Record levels of assets were also reached at the end of May for ETFs/ETPs listed in the United States at US$2.15 trillion and Japan at US$117 billion.
“In May the both the S&P 500 and the Dow were up 1% while, developed markets were down 1%, and emerging markets declined 3%.” according to Deborah Fuhr, managing partner of ETFGI.
In May 2015, ETFs/ETPs listed globally saw net inflows of US$19.1 Bn. Equity ETFs/ETPs gathered net inflows of US$20.8 Bn, while fixed income ETFs/ETPs experienced net outflows of US$1.5 Bn and Commodity ETFs/ETPs had net outflows of US$912 Mn.
Through the end of May record levels of net new assets (NNA) have been reached by ETFs/ETPs listed globally gathering US$127.6 billion which is a significant increase over the prior record of US$109.4 billion gathered in in the first five months of 2013. YTD products listed in Europe gathered US$39.2 billion which is significantly more than the prior record of US$26.4 billion gathered over the same period in 2014. ETFs/ETPs listed in Japan gathered US$14.5 billion, which is slightly higher than the US$14.3 billion gathered during the same period in 2014, and ETFs/ETPs listed in Canada gathered US$5.6 Bn which is slightly higher than the prior record of US$5.5 Bn gathered in the first 5 months of 2012.
Vanguard gathered the largest net ETF/ETP inflows in May with US$5.2 Bn, followed by Huatai-PB with US$3.4 Bn, WisdomTree with US$1.7 Bn net inflows and First Trust with US$1.6 Bn.
ETFGI is an independent research and consultancy firm launched in 2012 in London offering paid for research subscription services: the ETFGI annual research service provides monthly reports on trends in the global ETF and ETP industry, access to the ETFGI database of all ETFs/ETPs listed globally with factsheets which are updated monthly, ETFGI annual review of institutions and mutual funds that use ETFs and ETPs, the Active ETF landscape report and the Smart Beta ETF Landscape report.
Deborah Fuhr is the managing partner and co-founder of ETFGI, she previously served as global head of ETF research and implementation strategy and as a managing director at BlackRock/Barclays Global Investors from 2008 – 2011. Fuhr also worked as a managing director and head of the investment strategy team at Morgan Stanley in London from 1997 – 2008, and as an associate at Greenwich Associates. Shane Kelly and Matthew Murray are co-founders and partners in ETFGI.