ETFGI, the leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, today reported assets invested in ETFs/ETPs listed in the United States reached a new record high of US$2.471 trillion at the end of November 2016. Net flows gathered by ETFs/ETPs in November were strong with US$48.07 Bn of net new assets gathered during the month marking the 9th consecutive month of net inflows, according to preliminary data from ETFGI’s November 2016 global ETF and ETP industry insights report (click here to view the ETFGI asset growth chart for ETFs/ETPs listed in the United States).
Record levels of assets under management were also reached at the end of November for ETFs/ETPs listed globally at US$3.445 trillion and in Canada at US$83.4 billion.
At the end of November 2016, the US ETF/ETP industry had 1,945 ETFs/ETPs, with 1,945 listings, assets of US$2.471 trillion, from 102 providers listed on 3 exchanges.
“The US market had a good month in November with the S&P 500 up 3.7% and the DJIA increased 5.9%. The strong dollar caused currency headwinds for international markets International equity markets. The S&P Developed Ex-U.S. BMI declined 1.8% while the S&P Emerging BMI was down 4.7%. In Europe S&P Europe 350 gained 1.24% in November, with almost all the gains attributable to the U.K. pound rising faster than the British stock market fell. During November the VIX declined dramatically by 21.9%” according to Deborah Fuhr, co-founder and managing partner at ETFGI.
In November 2016, ETFs/ETPs listed in the United States gathered net inflows of US$48.07 Bn. Equity ETFs/ETPs gathered the largest and a record level of US$49.45 Bn in net inflows – with majority of money going into products providing exposure to the U.S equities -, followed by fixed income ETFs/ETPs with US$2.75 Bn, while commodity ETFs/ETPs experienced net outflows of US$2.62 Bn.
YTD through end of November 2016, ETFs/ETPs have gathered a record level of US$219.38 Bn in net inflows surpassing the prior record of YTD net inflows of US$201.85 Bn. Equity ETFs/ETPs gathered the largest net inflows YTD with US$115.82 Bn, followed by fixed income ETFs/ETPs which have gathered a record level of US$74.49 Bn in YTD net inflows, and commodity ETFs/ETPs which have gathered a record level of US$20.89 Bn in YTD net inflows.
iShares gathered the largest net ETF/ETP inflows in November at US$17.62 Bn, followed by SPDR ETFs with US$17.49 Bn and Vanguard with US$9.68 Bn net inflows.
Record levels of assets under management were also reached at the end of November for ETFs/ETPs listed globally at US$3.445 trillion and in Canada at US$83.4 billion.
At the end of November 2016, the US ETF/ETP industry had 1,945 ETFs/ETPs, with 1,945 listings, assets of US$2.471 trillion, from 102 providers listed on 3 exchanges.
“The US market had a good month in November with the S&P 500 up 3.7% and the DJIA increased 5.9%. The strong dollar caused currency headwinds for international markets International equity markets. The S&P Developed Ex-U.S. BMI declined 1.8% while the S&P Emerging BMI was down 4.7%. In Europe S&P Europe 350 gained 1.24% in November, with almost all the gains attributable to the U.K. pound rising faster than the British stock market fell. During November the VIX declined dramatically by 21.9%” according to Deborah Fuhr, co-founder and managing partner at ETFGI.
In November 2016, ETFs/ETPs listed in the United States gathered net inflows of US$48.07 Bn. Equity ETFs/ETPs gathered the largest and a record level of US$49.45 Bn in net inflows – with majority of money going into products providing exposure to the U.S equities -, followed by fixed income ETFs/ETPs with US$2.75 Bn, while commodity ETFs/ETPs experienced net outflows of US$2.62 Bn.
YTD through end of November 2016, ETFs/ETPs have gathered a record level of US$219.38 Bn in net inflows surpassing the prior record of YTD net inflows of US$201.85 Bn. Equity ETFs/ETPs gathered the largest net inflows YTD with US$115.82 Bn, followed by fixed income ETFs/ETPs which have gathered a record level of US$74.49 Bn in YTD net inflows, and commodity ETFs/ETPs which have gathered a record level of US$20.89 Bn in YTD net inflows.
iShares gathered the largest net ETF/ETP inflows in November at US$17.62 Bn, followed by SPDR ETFs with US$17.49 Bn and Vanguard with US$9.68 Bn net inflows.
YTD, iShares gathered the largest net ETF/ETP inflows at US$84.53 Bn, followed by Vanguard with US$76.23 Bn and SPDR ETFs with US$35.63 Bn net inflows.