Thu, Sep 29, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

February saw net inflows of $11.4bn into exchange traded funds and products

Thursday, March 07, 2013
Opalesque Industry Update - ETF Global reports that in February 2013 Exchange Traded Funds (ETFs) and Exchange Traded Products (ETPs) globally had net inflows of $11.4 billion, according to new research published in the latest ETFGI Global ETF and ETP industry insights.

Equity ETFs and ETPs gathered the largest net inflows with $11.6 billion, followed by fixed income ETFs and ETPs with $1.3 billion, and active ETFs and ETPs with $1.1 billion, while commodity ETFs and ETPs experienced net outflows with $4.9 billion.

Year to date through end of February 2013, ETFs and ETPs have seen net inflows of $49.1 billion. Equity ETFs and ETPs gathered the largest net inflows year to date with $45.1 billion, followed by fixed income ETFs and ETPs with $2.8 billion, and leveraged inverse ETFs and ETPs with $2.5 billion, while commodity ETFs/ETPs had net outflows of US$5.3 billion.

“The flows into equity ETFs and ETPs show investors are rotating out of cash and fixed income into equities as investor confidence continues to improve,” says Deborah Fuhr, Managing Partner at London-based ETFGI.

In February, equity ETFs and ETPs had net inflows of $11.6 billion. North American equity ETFs and ETPs gathered the largest net inflows $6.6 billion, followed by developed Asia Pacific equity indices with $3.4 billion, and global (ex-US) equity $1.8 billion, while emerging market equity ETFs and ETPs experienced the largest net outflows with $1.4 billion.

The global ETF industry had 3,345 ETFs, with 7,660 listings, assets of $1.86 trillion, from 180 providers on 54 exchanges at the end of February 2013. Including ETFs and other ETPs, at the end of February, the global ETF and ETP industry had 4,764 ETFs and ETPs, with 9,799 listings, assets of $2.04 trillion US dollars, from 209 providers on 56 exchanges.

Vanguard gathered the largest net ETF and ETP inflows in February with $5.95 billion, followed by iShares with $4.23 billion and WisdomTree with $2.16 billion net inflows.

S&P Dow Jones has the largest amount of ETF and ETP assets tracking its benchmarks with $518 billion, reflecting 25.4% market share; MSCI is second with $440 billion and 21.5% market share, followed by BarCap with $182 billion and 8.9% market share.

The top 100 ETFs and ETPs, out of 4,764, account for 59.6% of global ETF and ETP assets. 296 ETFs and ETPs have greater than $1 billion in assets, while 63.3% of all ETFs and ETPs have less than US$100 million in assets, 54% have less than $50 million in assets and 28% have less than $10 million in assets.

Press release

bc

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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. Studies - Hedge funds’ study reveals vast disparity in types of investors securing side letter arrangements, Cambridge: Look to private investments for best access to LatAm growth[more]

    Hedge funds’ study reveals vast disparity in types of investors securing side letter arrangements A new study of the hedge fund space by industry law firm Seward & Kissel LLP reveals a wealth of information regarding established hedge fund managers’ use of side letters—special agreements

  2. Activist News - Caesars 'optimistic' on deal with hedge fund creditors[more]

    From Reuters.com: Caesars Entertainment Corp said on Monday it remains "optimistic" of reaching a $5 billion deal with the bulk of its creditors to push its main operating unit out of bankruptcy, but one hedge fund bondholder said it will pursue litigation. Caesars offered a sweetened $5 billion set

  3. Hedge funds recover from losses as central banks give markets a respite[more]

    Komfie Manalo, Opalesque Asia: The Lyxor Hedge Fund index was up 0.4% from the week ending September 20 (-2.4% YTD), supported by the willingness of central banks to remain accommodative, Lyxor Asset Management said in its weekly briefing. It ad

  4. Perry Capital closing flagship fund after almost three decades[more]

    From Blooomberg.com: Richard Perry, one of the biggest names in hedge funds, is calling it quits after 28 years. Perry, 61, is winding down his New York-based flagship fund as the industry confronts one of the most tumultuous periods in its history. In a letter to investors Monday, he said his style

  5. Eden Rock buys Gottex stake in ERG Asset Management[more]

    Matthias Knab, Opalesque: Eden Rock Group announced the purchase of Gottex’s stake in ERG Asset Management and so the firm is now wholly owned by Eden Rock. The two firms established the joint venture in 2011 to focus on providing cost effective solutions to funds holding illiquid investments, as