Assets invested in global ETFs/ETPs increased 35.5 percent in the first eight months of 2017 to hit a new record of US$4.8 trillion at the end of August 2017.

That’s according to ETFGI’s August 2017 preliminary global ETF and ETP industry insights report; ETFGI is a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem.

According to the report, the Global ETF/ETP industry had 7,019 ETFs/ETPs, with 13,199 listings, assets of US$4.800 trillion, from 331 providers listed on 70 exchanges in 56 countries.

ETFGI managing partner Deborah Fuhr said August is typically a challenging month for equity markets with the average loss over the past 20 years for the S+P 500 at 1.3%.

She added that this year the S+P 500 was up 0.31% in August and 11.93% year to date, MSCI ACW was up 0.44% and 15.48% YTD while MSCI EM was up 2.27% for August and 28.59% YTD (all prices in USD).

“Storms and political risks remain a focus for investors – the ability of the Trump administration to move forward on policy goals and hearings on Capitol Hill, Brexit negotiations, and North Korea is still an area of concern,” Fuhr said.

ETFs and ETPs listed globally gathered a record US$42.43 billion in net inflows in August marking 43 consecutive months of net inflows and a record level of US$433.69 billion in year to date net inflows which is more than double the US$216.59 billion in net inflows at this point last year and the US$43 billion more than the US$390.61 billion net inflows gathered in all 2016.

Equity ETFs/ETPs gathered a level of US$23.47 billion in net inflows in August, bringing year to date net inflows to a record level of US$295.67 billion, which is much greater than the net inflows of US$74.25 billion over the same period last year and more than the US$234.44 billion gathered in all 2016.

Fixed income ETFs and ETPs have gathered a level of US$11.15 billion in net inflows in August, growing year to date net inflows to a record level of US$107.28 billion , which is greater than the same period last year which saw net inflows of US$93.56 billion .

Related: Weaker Dollar Aids Emerging Markets ETFs

Commodity ETFs/ETPs accumulated net inflows of US$1.39 billion in August. Year to date, net inflows are at US$5.64 Bn, which is significantly less than the net inflows of US$33.68 billion gathered over the same period last year.

iShares gathered the largest net ETF/ETP inflows in August with US$13.68 billion , followed by Vanguard with US$10.00 billion and Nomura AM with US$4.46 billion net inflows.

YTD, iShares gathered the largest net ETF/ETP inflows with US$172.63 billion which is above the US$137.90 billion gathered in all of 2016, followed by Vanguard with US$101.79 billion and Nomura AM with US$18.09 billion and Schwab ETFs with US$18.04 billion in net inflows.

For more information on the ETF market, visit our ETF performance reports category.