ETFGI Global Press Release: End of October 2013
LONDON — November 8, 2013 — October marked another month of strong inflows with global ETFs/ETPs. Combining the US$32.6 billion of net inflows with positive market performance during October global ETF/ETP assets reached a new record high of US$2.3 trillion, according to preliminary findings from ETFGI’s October 2013 Global ETF and ETP industry insights report.
“The expectation that the Federal Reserve will maintain it’s QE scheme at its current size into 2014 and positive market performance encouraged investors to put net inflows of US$32.6 billion back into the market through ETFs/ETPs” according to Deborah Fuhr, Managing Partner at ETFGI.
In October 2013, equity ETFs/ETPs gathered the largest net inflows with US$34.6 billion, while commodity ETFs/ETPs experienced the largest net outflows with US$2.8 billion followed by fixed income ETFs/ETPs that saw net outflows of US$227 million.
Year to date (YTD) through end of October, global ETF/ETP assets have increased by 19% based on positive market performance and net inflows of US$202.2 billion, which is in line with the level of net inflows at this point in 2012. Equity ETFs/ETPs gathered the largest net inflows with US$193.9 billion which is significantly higher than the US$112.7 billion at this point in 2012, followed by fixed income ETFs/ETPs with inflows of US$21.4 billion which is less than half the US$56.2 billion gathered YTD in 2012. Commodity ETFs/ETPs experienced outflows US$33.0 billion which is a reversal of the US$20.1 billion net inflows at this point in 2012.
Equities have been the preferred area to invest new assets in 2013 with net inflows of US$193.9 billion. North American equity ETFs/ETPs have gathered the largest net inflows YTD with US$117.7 billion, followed by developed Asia Pacific equity with US$32.8 billion, and developed European equity with US$20.7 billion, while emerging market equity ETFs/ETPs experienced net outflows YTD with US$6.3 billion.
ETF/ETP PROVIDERS
YTD, Vanguard ranks first based on net inflows of US$51.6 billion, iShares is 2nd with US$51.3 billion, WisdomTree is 3rd with US$12.8 billion, PowerShares is 4th with US$12.6 billion and SPDR is 5th with US$9.5 billion.
ETFGI is proud to announce that in October we won the “Best ETF Research” award in the recent ETF Risk survey and that Financial News named Deborah Fuhr as one of the Top 100 influential women in Finance 2014, a distinguished list of the most influential women in European Finance.
During the rest of 2013 we will be participating in a number of upcoming events. Please click here to be taken to the events page on our website to view upcoming events.
Please contact deborah.fuhr@etfgi.com or contact@etfgi.com if you would like to subscribe to ETFGI’s Global ETF and ETP industry insights reports or ETFGI’s Institutional Users of ETFs and ETPs 2012 report.