ETFGI reports Smart Beta ETFs and ETPs listed globally gather net inflows of US$12.42 Bn during December 2018

Press Release

LONDON — January 30, 2018 — ETFGI, a leading independent research and consultancy firm covering trends in the global ETF/ETP ecosystem, reported today that equity-based Smart Beta ETFs and ETPs listed globally gathered net inflows of US$12.42 billion during December. Total assets invested in the global Smart Beta ETF and ETP industry decreased 7.08%, from US$665 billion at the end of November, to US$618 Bn, according to ETFGI’s December 2018 ETF and ETP Smart Beta industry landscape insights report, an annual paid-for research subscription service.  (All dollar values in USD unless otherwise noted.) 

Highlights

• In 2018, Smart Beta ETFs/ETPs attracted $77.62 Bn in net new assets.
• Over the year, 141 Smart Beta ETFs/ETPs were launched by 72 providers.
• 35^th consecutive month of net inflows into Smart Beta ETFs/ETPs.

“The end of 2018 saw the trend in developed markets reverse, and although arguably predictable, the severity left many pundits scratching their heads. This end of year stress has widely been attributed to the disruption caused by trade disputes feeding into economic data, and the view policy makers are not going to be quite as accommodating as initially expected. The S&P 500 returned -9.03% during December, and down -4.38% for 2018. Developed markets ex-US fell -4.62% during December, led by Japan and Canada, bringing the yearly return to -13.21%. Relatively speaking, EM and FM fared the month better, returning -2.68% and -3.15%, finishing 2018 -13.53% and -11.82%, respectively” according to Deborah Fuhr, managing partner and founder of ETFGI.

At the end of December 2018, there were 1,298 Smart Beta classified ETFs/ETPs, with 2,363 listings, assets of $618 Bn, from 159 providers listed on 40 exchanges in 32 countries. Following net inflows of $12.42 Bn and market moves during the month, assets invested in Smart Beta ETFs/ETPs listed globally decreased by 7.08%, from $665 Bn at the end of November 2018, to $618 Bn.

Comparison of assets in market cap, smart beta, other and active equity products

Value factor ETFs and ETPs continued to attract the greatest monthly net inflows, seeing $4.60 Bn in December, bringing 2018 net inflows to $22.47 Bn. Multi-Factor ETFs and ETPs saw the greatest outflows during the month, amounting to $81 Mn, bringing year-to-date inflows to $18.52 Bn.

Substantial inflows during December can be attributed to the top 20 Smart Beta ETFs/ETPs by net new assets, which collectively gathered $8.99 Bn. The iShares MSCI USA Minimum Volatility ETF (USMV US) maintained its place at the top of the leader board for net new assets, following inflows of $1.15 Bn in November, the fund saw $1.64 Bn in net inflow in December. 

Top 20 Smart Beta ETFs/ETPs by net new assets December 2018

Investors have tended to invest short duration, fixed income ETFs during December.
 
Please contact deborah.fuhr@etfgi.com if you would like to discuss the cost to subscribe to any of ETFGI’s research or consulting services

###
 

Attribution Policy 
The information contained herein is proprietary. The media is welcome to use our information and ideas, provided that the following sourcing is included: ETFGI is a leading independent research and consultancy firm covering trends in the global ETF/ETP ecosystem, based in London, England. Deborah Fuhr, Managing Partner, Founder, ETFGI website www.etfgi.com. 
 
About ETFGI 
ETFGI is an independent research and consultancy firm launched in London offering consulting services and paid for research subscription services. Deborah Fuhr is the Managing Partner and a founder of ETFGI.  Our services are unique in their breadth and depth of coverage in  monthly reports covering each region of the world where ETFs, ETPs are listed, a monthly directory and monthly fact sheets along with a database covering all global products plus you receive insights from us. Visit www.etfgi.com to learn more. 

ETFGI SERVICES 
ETFGI currently offers the following subscription services: 

New Service: ETFGI Global ESG ETFs and ETPs Landscape report

• ETFGI Basic Global ETFs and ETPs research service 
• ETFGI Global Institutional Users of ETFs and ETPs Landscape report 
• ETFGI Global Active ETF ETFs and ETPs Landscape report 
• ETFGI Global Smart Beta Equity ETF ETFs and ETPs Landscape report 
• ETFGI Global Currency Hedged ETFs and ETPs Landscape report 
• ETFGI Global Leverage and Inverse ETFs and ETPs Landscape report 
• ETFGI Global EM and FM ETFs and ETPs Landscape report 
• ETFGI China ETFs and ETPs Landscape report 
• ETFGI Trends in ETF Adoption by fund platforms in the UK report 
• Custom reports and analysis 
• ETFGI Weekly Newsletter – Premium 
• ETFGI Weekly Newsletter (free subscription - register at www.etfgi.com) 
• ETFs Global Markets Roundtable events 2019 

ETFGI is supporting Jobs in ETFs, the first website for careers and recruitment in the ETF industry.

Please contact us at deborah.fuhr@etfgi.com if you would like further information on our services.

  2019 ETFs Global Markets Roundtable series of conferences

We have set the dates and venues for the 2019 series of the ETFs Global Markets Roundtables in New York, London and Toronto and expect to confirm shortly the date for Hong Kong in Oct 2019. The focus will again be on the substantive discussion of the issues, capital market related. 

 The schedule of conferences is as follows:

• US/Latin America (New York) – May 21, 2019, Metropolitan Club, New York
• EMEA (London) – June 12, 2019, The Waldorf Hilton, London
• Canada (Toronto) – September 24, 2019, Vantage Venues, Toronto
• APAC (Hong Kong) – October 2019– Specific Date to be Announced Shortly

About Deborah Fuhr 

Previously Deborah Fuhr served as global head of ETF research and implementation strategy and as a managing director at BlackRock/Barclays Global Investors from 2008 – 2011. She also worked as a managing director and head of the investment strategy team at Morgan Stanley in London from 1997 – 2008, and as an associate at Greenwich Associates. 
 
She has been working with investors, ETF, ETP providers, index providers, exchanges, MMs and APs, regulators, trade associations, custodians, law firms, accounting firms around the world since 1997. 

ETFGI is honored to count as our research and consulting clients some of the leading firms in the ETF Ecosystem around the world as well as some new entrants and firms that are considering entering the ETF, ETP industry. 
 
Past awards for Ms Fuhr include she was the recipient of the 100 Women in Finance 2017 European Industry Leadership Award, the 2014 William F. Sharpe Lifetime Achievement Award for outstanding contributions to the field of index investing and she named one of the “100 Most Influential Women in Finance” by Financial News over several years, most recently in 2016. 
 
Deborah Fuhr is a founder and board member of Women in ETFs “WE” the first women’s group for the ETF industry. Founded in January 2014, WE is a non-profit organization that brings together over 4,500 members, including women and men, in chapters in major financial centres around the world to CONNECT, SUPPORT and INSPIRE. WE achieves this by organizing events at our chapters globally that support our goals of education, networking, philanthropy and idea sharing across the industry and beyond. For more information, visit: www.womeninetfs.com

Contact: 
Deborah Fuhr 
Managing Partner, Founder 
ETFGI 
Mobile: +44 777 5823 111 
Email: deborah.fuhr@etfgi.com 
Web: www.etfgi.com 

Connect on:
Deborah Fuhr on Linkedin and twitter:       
ETFGI on Linkedin and twitter:     
ETF Network on Linkedin:  
Women in ETFs Linkedin (group and company) and twitter: