Tue, Dec 12, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Assets pile into ETFs, ETPs which hit a record high of $2.4tn at the end of 2013

Tuesday, January 14, 2014

Bailey McCann, Opalesque New York:

Global ETF and ETP assets hit record highs at the end of 2013, totaling $2.4tn, according to ETFGI, an independent research and consultancy firm. $24.5bn in assets flowed into the products in December alone. The global ETF/ETP industry had 5,090 ETFs/ETPs, with 10,172 listings, from 218 providers on 60 exchanges at the end of 2013.

In December, equity ETFs/ETPs gathered the largest net inflows with $28.3bn followed by fixed income ETFs/ETPs with $403m, while commodity ETFs/ETPs experienced net outflows of $5.0bn. As Opalesque reported earlier today, new hedge fund monitor data from Bank of America Merrill Lynch Global Research shows that commodity funds have started to turn around performance in January, which may be indicative for commodity ETFs/ETPs in the future.

In 2013, global ETF/ETP assets increased by 23% based on positive market performance and net inflows of $242.8bn the report notes. That was still not enough to surpass the $265.0bn in net inflows in 2012. Equity ETFs/ETPs gathered a record level of net inflows in 2013 with $240.1bn, followed by fixed income ETFs/ETPs with $22.3bn, while commodity ETFs/ETPs experienced a record level of $39.7bn in net outflows in 2013.

U.S. fund manager Vanguard, is the only major provider of ETFs and ETPs to increase their market share over the year, data shows. The ......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Mediobanca acquires majority stakes in Swiss hedge fund[more]

    Komfie Manalo, Opalesque Asia: Listed diversified banking group Mediobanca SpA said it has acquired a majority stake in Geneva-based hedge fund firm RAM Active Investments SA (RAM AI), an active and alternative asset manager offering a range of act

  2. News Briefs - Italy's Carige to sell consumer credit arm to Chenavari, Less than a year after hedge fund coup, East Bay drug maker cuts jobs, looks to move HQ[more]

    Italy's Carige to sell consumer credit arm to Chenavari Italy's Banca Carige aims to sell its consumer credit unit to London-based hedge fund Chenavari by Dec. 6 when a vital 560 million euro ($664 million) cash call ends. Genoa-based Carige must comply by the end of the year with Europe

  3. Launches - Ex-BlueCrest team to open over $200m hedge fund, Greg Coffey, a hedge fund star who retired at 41, is eyeing a comeback, Brevan Howard plans Greek funds as bond rally signals revival[more]

    Ex-BlueCrest team to open over $200m hedge fund From Bloomberg.com: A team of traders who left BlueCrest Capital Management earlier this year raised more than $200 million for their own hedge fund focused on Asian stocks, according to a person familiar with the matter. Ovata Capital Manag

  4. North America - Miami could attract hedge funds if SALT deductions axed[more]

    From Law360.com: For years, inertia has been Nitin Motwani's greatest foe in his attempts to lure hedge fund owners in the northeast to Miami, which he has pitched as a tropical low-tax paradise. But with the Republican tax bill proposing to eliminate deductions for state and local taxes, he's sensi

  5. Northleaf Capital Partners closes debut private credit fund on $670M[more]

    Bailey McCann, Opalesque New York: Northleaf Capital Partners has closed its debut private credit fund - Northleaf Private Credit I - on $670 million. The vehicle will invest in private credit transactions in Europe and North America, with a primary focus on lending to private equity-backed compa