ETFGI: ETF Assets Hit a Record in August

ETFGI’s research finds ETFs and ETPs listed globally reached a new record high of 2.7 trillion US dollars at the end of August 2014. Year to date, net new assets gathered of US$185.0 Bn surpass the previous high of US$140.1 Bn set in the first eight months of 2012. The Global ETF/ETP industry had 5,421 ETFs/ETPs, with 10,467 listings, from 223 providers listed on 60 exchanges according to preliminary data from ETFGI’s end August 2014 Global ETF and ETP industry insights report.

New record highs in assets were reached at the end of August by ETF/ETP industries in Canada with US$67.9 Bn, Asia Pacific (ex-Japan) with US$103.7 Bn, Europe with US$477.4 Bn, the United States with US$1.91 Tn and globally with US$2.70 Tn. YTD NNA flows reached record levels for the ETF/ETP industries in Japan at US$16.5 Bn, Europe at US$50.4 Bn, the US at US$107.3 Bn and globally at US$185.0 Bn.

“In August investors invested net new money into an array of equity, fixed income and commodity exposures due to concerns over the situations in Ukraine and Gaza. The S&P 500 was up 4% in August and closed above the 2,000 threshold for the first time on August 26th. Developed markets were up slightly, emerging markets gained 3% and Latin America was up 9% in August. August was also a good month for fixed income.” according to Deborah Fuhr, Managing Partner at ETFGI.

In August 2014 ETFs/ETPs saw net inflows of US$24.7 Bn. Equity ETFs/ETPs gathered the largest net inflows with US$12.7 Bn, followed by fixed income ETFs/ETPs with US$9.8 Bn, and commodity ETFs/ETPs with net inflows of US$235 Mn.

iShares gathered the largest net ETF/ETP inflows in August with US$14.5 Bn, followed by Vanguard with US$6.4 Bn, DB x-trackers with US$1.1 Bn, new entrant WBI Shares with US$1.04 Bn and Think ETFs with US$973 Mn in net inflows in August.

iShares is the largest ETF/ETP provider in terms of assets with US$1.0 Tn, reflecting 37.8% market share, SPDR ETFs is second with US$432.5 Bn and 16.0% market share, followed by Vanguard with US$414.9 Bn and 15.3% market share. The top three ETF/ETP providers, out of 223, account for 69.1% of Global ETF/ETP assets, while the remaining 220 providers each have less than 4% market share.

Source: ETFGI