ETFs and ETPs gaining much more in net new AUM in 2015

first_img Related news BMO InvestorLine launches commission-free trading for ETFs Exchange-traded funds (ETFs) and exchange-traded products (ETPs) are gathering new assets under management (AUM) at a notably faster pace than in previous years, according a new report from to London, U.K.-based research firm ETFGI LLP. ETFGI reports that ETFs and ETPs listed globally have garnered a record US$199 billion in net new AUM year to date as of July 31, outpacing last year’s record level of US$164 billion in AUM for the same period. ETFGI notes that these products are gathering AUM at a 21% faster pace than in prior years. Facebook LinkedIn Twitter Keywords ETFs Ninepoint launches three ETFs on NEOcenter_img Desjardins to close four ETFs In July, ETFs and ETPs listed globally gathered US$46 billion in new AUM. Equity products were responsible for US$35 billion of that total, followed by fixed-income products, at US$9 billion. Commodities-based ETFs and ETPs suffered net outflows of US$2 billion during the month. “The S&P 500 index ended up 2% for the month of July and finished the first seven months of 2015 up 3%. Although investors faced uncertainty in China and Greece during July, they continued to invest significant net new assets in equity ETFs,” says Deborah Fuhr, managing partner of ETFGI, in a statement. In the first seven months of 2015, equity ETFs/ETPs enjoyed net inflows of US$137 billion, followed by US$44 billion in fixed-income products and US$2 billion for commodities-bases ETFs/ETPs. ETFs and ETPs listed in the U.S. account for the bulk of the new AUM at US$125 billion through the first seven months of the year. Europe- and Japan-listed ETFs and ETPs gathered US$48 billion and US$24 billion in new AUM, respectively. By firm, BalckRock Inc.’s iShares recorded the largest net inflows in July, at US$11.3 billion, and in the year to date, with net inflows of US$63.4 billion. For July, SPDR S&P 500 Trust ETFs ranked second in net inflows with US$6 billion, followed by Vanguard Group, with US$5.3 billion of net inflows. In the year to date, Vanguard ranks second with US$50.1 billion of net inflows and Deutsche Bank AG’s db X-trackers ETFs sit in third place with US$21.7 billion of net inflows. Share this article and your comments with peers on social media James Langton last_img

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