Globally listed ETFs hit record high in July

Research reports record levels of assets invested in ETFs

The good times just seem to keep rolling for ETFs.

A news release from ETFGI, the leading independent research and consultancy firm on trends in the global ETF/ETP system, reports that assets invested in ETFs/ETPs listed globally reached a new record high US$3.343 trillion at the end of July 2016.

Region-specific ETFs also reached record levels, with US-listed ETFs at US$2.367trn, US$539.16bn for Europe, US$191.82bn in Japan, and a relatively modest US$81.19bn for Canada.

By the end of July, the global Global ETF/ETP industry had 6,476 ETFs/ETPs with 12,342 listings from 285 providers. The products were listed on 65 exchanges in 53 countries.

“Investor confidence returned during July after the surprising result of June’s Brexit vote. The S&P 500 was up 3.7% in July. Developed markets outside the U.S. gained 5.1% and emerging markets were up 4.8%," observed Deborah Fuhr, managing partner at ETFGI.

This returning confidence was demonstrated by strong net flows of US$52.68bn into ETFs that were seen in July, marking the 30th consecutive month of net inflows based on preliminary data from the firm’s July 2016 global ETF and ETP industry insights report.

Equity ETFs/ETPs led with US$33.36bn in inflows, followed by fixed-income ETFs/ETPs with US$13.25 Bn, and commodity ETFs/ETPs with US$5.45bn.

YTD net inflows through end of July reached US$175.32bn – less than July 2015’s record YTD inflows of S$199.06bn. Fixed-income ETFs/ETPs gathered the largest net inflows with a record-high US$80.89bn. Equity ETFs/ETPs followed with US$48.43bn, and commodity ETFs/ETPs held up the rear with US$31.99bn.

In terms of net inflows in July, iShares topped the list worldwide with US$23.45bn, followed by SPDR ETFs with US$14.34bn and Vanguard with US$7.17bn net inflows. The list is closely mirrored for YTD inflows, with iShares leading at US$63.97bn, followed by Vanguard and SPDR ETFs with US$49.46bn and US$17.67bn respectively.

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