Global ETF/ETP assets dip slightly

Global ETF/ETP assets dip slightly

Total assets declined slightly (0.4%) from their record high of $2.64trn in June to $2.62trn at the end of July, despite year-to-date assets gathered being at record levels. 

Exchange traded funds (ETFs) and exchange traded products (ETPs) listed globally gathered a $33.8bn in new nets assets reaching a record $160.5bn year to date. This outpaced 2013 year-to-date record at the end of July of $149.9bn.

“In July investors invested almost all net new money into equity exposures as investor confidence was positive through most of month. The S&P 500 hit an all-time high during July, but ended the month down 1% as markets were rattled at the very end of the month by the situations in the Ukraine and Gaza and a poor start to the U.S. earnings season,” said Deborah Fuhr, managing partner at ETFGI. 

The global ETF/ETP industry now has 5,410 ETFs/ETPs, with 10,477 listings, from 222 providers listed on 60 exchanges.

Developed markets outside the US ended the month down 2%, while emerging markets gained 2%, Asia was up 5% and frontier markets were up 4% in July.

Vanguard gathered the largest net ETF/ETP inflows in July with $7.69bn, followed by iShares with $6.82bn, SPDR ETFs with $4.24bn, DB x-trackers with $1.97bn and PowerShares with $1.79bn in net inflows.