Economics

Active ETFs And ETPs Gathered US$24 Billion In 2017

ETFGI reports Active ETFs and ETPs have gathered 24 billion US dollars in net new assets in the first 11 months of 2017 

LONDON — December 21, 2017 — ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today Active ETFs and ETPs have gathered 24 billion US dollars in net new assets in the first 11 months of 2017.

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According to ETFGI’s November 2017 Active ETF and ETP industry insights report, an annual paid-for research subscription service, assets invested in Active ETFs and ETPs grew by 53.4% year-to-date, the greatest annual increase since 2009 when markets recovered following the 2008 financial crisis, and an increase of 11.7% on the previous record of US$65.77 Bn set in October 2017.

Active ETFs And ETPs

Year-to-date, through end of November 2017, Active ETFs and ETPs listed in globally saw record net inflows of US$23.73 Bn; 141.2% more than net inflows for the whole of 2016, and more than double that of the previous YTD record for the same period of US$8.40 Bn set in November 2016. November 2017 also marked the 35th consecutive month of net inflows into ETFs/ETPs, with US$2.87 Bn gathered during the month.

The majority of these flows can be attributed to the top 20 ETFs by net new assets, which collectively gathered US$14.06 Bn during 2017. The PIMCO Enhanced Short Maturity Strategy Fund (MINT US) on its own accounted for net inflows of US$2.24 Bn.

Top 20 ETFs by net new assets

Similarly, the top 5 ETPs by net new assets collectively gathered US$46.00 Mn year-to-date during 2017.

Top 5 ETPs by net new assets

Name Country listed Ticker Assets
(US$ Mn)
Nov-17
ADV
(US$ Mn)
Nov-17
NNA
(US$ Mn)
YTD 2017
Sit Rising Rate ETF US RISE US 27 0.3 16
Schroder Real Return Fund Australia GROW AU 33 0.1 15
AMP Capital Dynamic Markets Fund Hedge Fund Australia DMKT AU 18 0.1 7
Ivy Focused Energy NextShares Fund US IVENC US 7 0.0 4
Ivy Focused Value Nextshares US IVFVC US 9 0.0 4

Equity ETFs/ETPs saw net inflows of $962.00 Mn in November, bringing year-to-date net inflows to $6.34 Bn, which is greater than the net inflows of $2.50 Bn over the same period last year. Fixed income ETFs and ETPs experienced net inflows of $1.72 Bn in November, growing year-to-date net inflows to $16.31 Bn, which is greater than the same period last year which saw net inflows of $5.11 Bn. Commodity ETFs/ETPs experienced net inflows of $137.00 Mn in November.

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Attribution Policy

The information contained herein is proprietary. The media is welcome to use our information and ideas, provided that the following sourcing is included: ETFGI is a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, based in London, England. Deborah Fuhr, Managing Partner, co-founder, ETFGI website www.etfgi.com

About ETFGI

ETFGI is an independent research and consultancy firm launched in 2012 in London offering consulting services and paid for research subscription services. Our service is the only global offering of monthly reports covering each region of the world where ETFs, ETPs are listed, a monthly directory and monthly fact sheets along with a database covering all global products plus you receive insights from us.  

Please visit our website www.etfgi.com to view our ETFGI Press Releases on ETF/ETP industry trends, daily postings of some of the top articles from financial publications around the world in the Industry News tab, details of upcoming Events, monthly videos on industry trends in Views, and to use our directory of firms in the ETF Ecosystem. You are invited to follow our twitter feeds @etfgi and @deborahfuhr and on Linkedin follow ETFGI and Deborah Fuhr and join our group "ETF Network".

On our website you can download a free copy of the “A Comprehensive Guide to Exchange Traded Funds (ETFs)” was published by the CFA Institute Research Foundation in May 2015. By Joanne M. Hill, Dave Nadig, Matt Hougan and Deborah Fuhr. The link to download the book is http://etfgi.com/news/industry

About Deborah Fuhr

reviously Deborah Fuhr served as global head of ETF research and implementation strategy and as a managing director at BlackRock/Barclays Global Investors from 2008 – 2011.  She 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. She has been working with investors, ETF, ETP providers, index providers, exchanges, MMs and APs, regulators, trade associations, custodians, law firms, accounting firms around the world since 1997.  ETFGI is honored to count as our research and consulting clients some of the leading firms in the ETF Ecosystem around the world as well as some new entrants and firms that are considering entering the ETF, ETP industry.

Past awards for Ms Fuhr include: she was the recipient of the 100 Women in Finance 2017, European Industry Leadership Award as well as the 2014 William F. Sharpe Lifetime Achievement Award for outstanding contributions to the field of index investing and was she named one of the “100 Most Influential Women in Finance” by Financial News over several years, most recently in 2016.  

Deborah Fuhr is a founder and board member of Women in ETFs “WE” a not for profit organization to connect, support and inspire Women and Men in the ETF ecosystem. WE has over 3,300 members in chapters around the world. 

Services

ETFGI currently offers the following subscription services:

  • ETFGI Basic Global ETFs and ETPs Annual research service
  • ETFGI Global Institutional Users of ETFs and ETPs Landscape report*
  • ETFGI Global Active ETF ETFs and ETPs Landscape report
  • ETFGI Global Smart Beta Equity ETF ETFs and ETPs Landscape report
  • ETFGI Global Currency Hedged ETFs and ETPs Landscape report *
  • ETFGI Global Leverage and Inverse ETFs and ETPs Landscape report *
  • ETFGI Global EM and FM ETFs and ETPs Landscape report *
  • ETFGI China ETFs and ETPs Landscape report *
  • ETFGI Trends in ETF Adoption by fund platforms in the UK report*
  • Custom reports and analysis
  • Consulting services
  • ETFGI Weekly Newsletter – Premium*
  • ETFGI Weekly Newsletter (free subscription)
    *New publication/service
  • ETFs Global Markets Roundtables 2018 *

Note to editors

ETFs are typically open-ended, index-based funds, with active ETFs accounting for 1.1% market share. They can be bought and sold like ordinary shares on a stock exchange and offer broad exposure across developed, emerging and frontier markets, equities, fixed income and commodities. ETFs are used widely by institutional investors and increasingly by financial advisors and retail investors to:

  • equitize cash
  • implement diversified exposure to a market
  • comprise a core or satellite investment
  • be a long term strategic investment
  • implement tactical adjustments to portfolios
  • use as building blocks to create entire portfolios
  • allow investors to hedge the market
  • use as an alternative to futures and other derivative products

Exchange Traded Products (ETPs) are products that have similarities to ETFs in the way they trade and settle but do not use an open-end fund structure. The use of other structures including unsecured debt, grantor trusts, partnerships, and commodity pools by ETPs can, in addition to a significantly different risk profile, create different tax and regulatory implications for investors when compared to ETFs, which are funds.