ETFGI Reports Assets Invested In Actively Managed ETFs And ETPs Reached A New High Of $104 Bn At The End Of August 2018

ETFGI, a leading independent research and consultancy firm covering trends in the global ETF/ETP ecosystem, reported today that assets invested in actively managed ETFs and ETPs listed globally reached a new high of US$104 billion, following net inflows of US$2.86 billion and market moves during August. Actively managed ETFs/ETPs in the US and Canada attracted the greatest net inflows, while actively managed ETFs/ETPs in Europe saw net outflows, according to ETFGI’s August 2018 Global Active ETF and ETP industry landscape insights report, an annual paid-for research subscription service.  (All dollar values in USD unless otherwise noted.)  

Highlights

• Total Assets in actively managed ETFs and ETPs listed globally reached a record $104 Bn in August.
• Net new assets gathered by actively managed ETFs/ETPs listed globally were $2.86 Bn in August.
• 43^rd consecutive month of net inflows into actively managed ETFs/ETPs listed globally. 

“On August 22, 2018 the S&P 500 marked its longest bull market -  3,453 days, without a bear market - a 20% drop from the index’s 52-week high. August was a strong month for U.S. equities with economic strength and strong corporate earnings pushing the S&P 500 to reach record highs and gain 3.26% during the month and up 9.94% year to date.  Most non-US markets suffered declines during August due to investors’ concerns over trade tensions, Brexit, currency crises and a fear of contagion.  Developed markets ex US declined 1.44% in August while up 0.46% YTD, EM markets were down 3.51% and are down 0.81% YTD and Frontier markets were down 4.50% and are down 1.66% YTD.” according to Deborah Fuhr, managing partner and a founder of ETFGI.

At the end of August 2018, the Global Active ETF/ETP industry had 579 ETFs/ETPs, with 708 listings, assets of $104 Bn, from 121 providers listed on 20 exchanges. Following net inflows of $2.86 and market moves during the month, assets invested in ETFs/ETPs listed globally increased by 4.80%, from $99.6 Bn in July 2018 to $104 Bn.


Growth in Global Actively managed ETF and ETP assets as of the end of August 2018





Actively managed Fixed Income ETFs and ETPs listed globally gathered net inflows of $2.09 Bn in August, growing net inflows for 2018 to $15.44 Bn, greater than the $11.94 Bn in net inflows at this point last year.  Actively managed Equity ETFs/ETPs listed globally gathered net inflows of $153 Mn in August, bringing net inflows for 2018 to $461 Mn, substantially less than the $3.93 Bn in net inflows at this point last year. 

August marked the 43^rd consecutive month of net inflows into actively managed ETFs/ETPs listed globally. Year-to-date in 2018 actively managed products have seen net inflows of $24.1 Bn, greater than the $16.45 Bn in net inflows at this point last year.

A large proportion of net inflows during August can be attributed to the top 20 actively managed ETFs by net new assets, which collectively gathered $2.33 Bn.  The JPMorgan Ultra-Short Income ETF (JPST US) gathered $572 Mn, the largest net inflows in August. 

Top 20 ETFs by net new assets August 2018: Global
 

Investors have tended to invest in Fixed income actively managed ETFs in August.