Fri, Mar 29, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Industry Updates

ETF Fund flows Dec 2012: US ETF inflows hit a record $188B in 2012

Friday, January 04, 2013
Opalesque Industry Update: IndexUniverse just released its December 2012 ETF Fund Flows data. The full report can be accessed by clicking here.

Highlights include:

  • Investors poured a record $188 billion into U.S.-listed ETFs in 2012; the previous record of more than $175 billion was set in 2008
  • Total ETF assets ended the year at almost $1.349 trillion, 27 percent higher than the $1.062 trillion a year earlier and 2.5 times as much as the $537 billion total at the end of 2008.
  • The 2012 year-end asset total, just shy of an all-time record of $1.350 trillion reached on Thursday, Dec. 20, also reflects the rise in global stock markets last year. The Dow, for example, rose 7.3 percent.
  • Of the $188 billion in 2012 inflows, $151 billion, or 80 percent of the total, came from the three biggest firms: BlackRock's iShares, State Street Global Advisors and Vanguard.
  • Last year's asset-gathering winner was the SPDR S&P 500 ETF (NYSEArca: SPY), the biggest ETF in the world. It pulled in $15.77 billion, or more than 8 percent of the total asset haul.
  • The Nos. 2 and 3 funds: the Vanguard MSCI Emerging Markets ETF (NYSEArca: VWO) and the iShares MSCI Emerging Markets Index Fund (NYSEArca: EEM), both gathered about $10.5 billion.
  • Bond ETF assets grew quite sharply in 2012, and the launch of Bill Gross' Pimco Total Return ETF (NYSEArca: BOND) on March 1 kept the phenomenon in sharp focus throughout the year.
  • Bill Gross' Pimco Total Return ETF (NYSEArca: BOND), the second-most-successful ETF launch in history after the bullion fund SPDR Gold Shares (NYSEArca: GLD), ended 2012 as the 10th-most-popular fund. It gathered $3.77 billion and ended the year with $3.87 billion in assets, making it the most successful fund launch of 2012.
  • GLD, the world's second-biggest ETF—with assets of $72 billion—ended the year as the No. 5 fund, with inflows of $5.75 billion.
  • The Top 10 list included fixed-income ETFs such as the iShares iBoxx $ Investment Grade Corporate Bond Fund (NYSEArca: LQD) and the iShares iBoxx $ High Yield Corporate Bond Fund (NYSEArca: HYG). LQD added $6.85 billion, while HYG pulled in $4.5 billion.
  • Overall, bond funds pulled in around $56 billion, or about 30 percent of the total asset haul.

IndexUniverse

Press release

BM

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1