ETFGI Press Release
LONDON – November 8, 2013 – October marked another month of strong inflows for global ETFs/ETPs. Combining the US$32.6 billion of net inflows with positive market performance during October global ETF/ETP assets reached a new record high of US$2.3 trillion, according to preliminary findings from ETFGI’s October 2013 Global ETF and ETP industry insights report.
According to Deborah Fuhr, Managing Partner at ETFGI:
“The expectation that the Federal Reserve will maintain it’s QE scheme at its current size into 2014 and positive market performance encouraged investors to put net inflows of US$32.6 billion back into the market through ETFs/ETPs.”
In October 2013, equity ETFs/ETPs gathered the largest net inflows with US$34.6 billion, while commodity ETFs/ETPs experienced the largest net outflows with US$2.8 billion followed by fixed income ETFs/ETPs that had net outflows of US$227 million.
Year to date (YTD) through end of October, global ETF/ETP assets have increased by 19% based on positive market performance and net inflows of US$202.2 billion, which is in line with the level of net inflows at this point in 2012. Equity ETFs/ETPs gathered the largest net inflows with US$193.9 billion which is significantly higher than the US$112.7 billion at this point in 2012, followed by fixed income ETFs/ETPs with inflows of US$21.4 billion which is less than half the US$56.2 billion gathered YTD in 2012. Commodity ETFs/ETPs experienced outflows US$33.0 billion which is a reversal of the US$20.1 billion net inflows at this point in 2012.
Equities have been the preferred area to invest new assets in 2013 with net inflows of US$193.9 billion. North American equity ETFs/ETPs have gathered the largest net inflows YTD with US$117.7 billion, followed by developed Asia Pacific equity with US$32.8 billion, and developed European equity with US$20.7 billion, while emerging market equity ETFs/ETPs experienced net outflows YTD with US$6.3 billion.
ETF/ETP PROVIDERS
YTD, Vanguard ranks first based on net inflows of US$51.6 billion, iShares is 2nd with US$51.3 billion, WisdomTree is 3rd with US$12.8 billion, PowerShares is 4th with US$12.6 billion and SPDR is 5th with US$9.5 billion.
Notes:
- ETFGI is proud to announce that in October we won the “Best ETF Research” award in the recent ETF Risk survey.
- Financial News named Deborah Fuhr as one of the Top 100 influential women in Finance 2014, a distinguished list of the most influential women in European Finance.
About ETFGI
Established by industry expert Deborah Fuhr and partners, ETFGI is a wholly independent research and consultancy firm providing research and services to firm such as the leading global institutional and professional investors, the global exchange traded fund and exchange traded product industry, its Regulators and its advisers. The partners leverage over 30 years of extensive industry experience, unparalleled industry contacts and rigorous analysis to deliver proprietary research on the global ETF and ETP industry.
ETFGI has just published a new report “Institutional Users of ETFs and ETPs 2012” which examines and profiles the number and types of ETFs and ETPs being used by institutional investors globally from 2005 through 2012. ETFGI annual paid subscription service provides: 1) the monthly ETFGI Global ETF and ETP Industry Insight report, which provides a detailed analysis of the global ETF and ETP industry, analysing net new asset flows into asset classes, products and managers, index provider rankings, broker rankings and new product launches, as well as numerous other metrics; 2) a directory of ETFs and ETPs; and 3) access to web tools on the www.etfgi.com website, for institutional and professional investors interested in using and comparing nearly 5,000 ETFs and ETPs, which have over 10,000 listings from over 200 providers listed on 56 exchanges, and for a better understanding of industry, product, regulatory and company specific data points. ETFGI is proud to announce that Deborah Fuhr has been included in the WealthManagement.com “Ten to Watch in 2014” list. Click here to read the full article.