ETFGI, the leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported assets invested in ETFs/ETPs listed globally reached a new record high of US$3.546 trillion at the end of 2016 passing the prior record of US$3.444 trillion set at the end of November 2016.
In December, ETFs/ETPs gathered a record level of net inflows US$65.25 billion for December, marking the 35th consecutive month of net inflows. During 2016, ETFs/ETPs listed globally gathered a record amount of net inflows US$389.34 Bn surpassing the prior record of US$372.27 Bn gathered in 2015, according to preliminary data from ETFGI’s Year-end 2016 global ETF and ETP industry insights report.
Record levels of assets under management were reached at the end of 2016 for ETFs/ETPs listed in the United States at US$2.543 trillion, in Europe at US$571 billion. In Asia Pacific ex-Japan at US$135 billion, in Canada at US$84 billion and globally.
At the end of December 2016, the Global ETF/ETP industry had 6,625 ETFs/ETPs, with 12,526 listings, assets of US$3.546 trillion, from 290 providers listed on 65 exchanges in 53 countries.
“2016 was an eventful year with a number of unexpected outcomes – the UK vote for Brexit to leave the European Union and the election of Trump as the US President. The S&P 500 gained 12.0% while the DJIA increased 16.5% for the year. All US sectors performed positively for the year, with the exception of Health Care. The VIX declined by a dramatic 22.9%. European equities ended the year up 3.44% Canadian equities ended the year strongly with the S&P/TSX Composite and the S&P/TSX 60 were up 21.1% and 21.4%” according to Deborah Fuhr, co-founder and managing partner at ETFGI.
Asset gathering in December 2016 was very strong with ETFs/ETPs listed globally gathering net inflows of US$65.25 Bn setting a December monthly record. Equity ETFs/ETPs gathered the largest net inflows with US$63.28 Bn, followed by fixed income ETFs/ETPs with US$6.72 Bn, and active ETFs/ETPs with US$1.50 Bn, while commodity ETFs/ETPs experienced net outflows of US$4.24 Bn.
ETFs/ETPs listed globally gathered a record amount of net inflows US$389.34 Bn during 2016 surpassing the prior record of US$372.27 Bn gathered in 2015. Equity ETFs/ETPs gathered the largest net inflows during 2016 with US$231.91 Bn but less than the record US$258.21 gathered in 2015, followed by fixed income ETFs/ETPs which gathered a record level US$111.58 Bn passing the prior record of US$81.65 set in 2014, and commodity ETFs/ETPs which gathered a record level of US$30.85 Bn passing the prior record of US$23.44 Bn set in 2012.
iShares gathered the largest net ETF/ETP inflows in December with US$23.73 Bn, followed by SPDR ETFs with US$18.45 Bn and Vanguard with US$13.34 Bn net inflows.
In 2016, iShares gathered the largest net ETF/ETP inflows with US$138.40 Bn, followed by Vanguard with US$96.79 Bn and SPDR ETFs with US$62.47 Bn net inflows.