Assets invested in ETFs/ETPs listed in the United States reached a new record high of 2.17 trillion US dollars at the end of Q1 2016, according to ETFGI

LONDON — April 13, 2016 — Assets invested in ETFs/ETPs listed in the United States reached a new record of US$2.17 trillion at the end of Q1 surpassing the prior record of US$2.15 trillion set at the end of May 2015 (click here to view a chart showing asset growth)

U.S. ETFs/ETPs

The US ETF/ETP industry had 1,863 ETFs/ETPs, assets of US$2.17 trillion, from 94 providers listed on 3 exchanges at the end of Q1, according to preliminary data from ETFGI’s March 2016 global ETF and ETP industry insights report.

U.S. equities rebounded in March ending the month up 7%.  Emerging markets and Developed ex US markets also had a strong March ending up 12.5% and 7.2% respectively.  Based on comments from the Fed there is a growing belief that interest rates will be held lower for longer than previously anticipated.  The European Central Bank cut rates and announced additional stimulus will begin in April, accelerating the rate of bond purchases from 60 to 80 billion euros per month” according to Deborah Fuhr, managing partner at ETFGI.

U.S. ETFs/ETPs gather US$33.00 Billion In March

In March 2016, ETFs/ETPs listed in the US gathered net inflows of US$33.00 Bn.  Equity ETFs/ETPs gathered the largest net inflows with US$22.34 Bn, followed by fixed income ETFs/ETPs with US$8.38 Bn, and commodity ETFs/ETPs with US$1.00 Bn.

In March 2016, 17 new ETFs/ETPs were launched by 9 providers and 17 ETFs/ETPs were closed.

iShares gathered the largest net ETF/ETP inflows in March with US$14.78 Bn, followed by Vanguard with US$9.07 Bn and SPDR ETFs with US$5.76 Bn net inflows.

YTD, iShares gathered the largest net ETF/ETP inflows YTD with US$16.50 Bn, followed by Vanguard with US$16.43 Bn and SPDR ETFs with US$7.64 Bn net inflows.

S&P Dow Jones has the largest amount of ETF/ETP assets tracking its benchmarks reflecting 33.7% market share; MSCI is second with 14.9% market share, followed by FTSE Russell with 13.8% market share.

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