Global ETFs/ETPs Assets Break Through $3 Trillion Milestone

For the second time, assets invested in ETFs/ETPs listed globally broke through the US$3 trillion milestone at the end of Q1.

The first time the milestone was broken was at the end of May 2015.

During March ETFs/ETPs listed globally gathered US$45.30 in net new assets, which marks the 26th consecutive month of net inflows.

The Global ETF/ETP industry had 6,240 ETFs/ETPs, with 12,042 listings, assets of US$3.07 trillion, from 277 providers listed on 64 exchanges in 51 countries, according to preliminary data from ETFGI’s March 2016 global ETF and ETP industry insights report.

Deborah Fuhr, managing partner at ETFGI, said U.S. equities rebounded in March ending the month up 7%.

She added 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,” Fuhr said. “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.”