Globally listed ETFs and ETPs gathered a July record $33.8 billion in net new assets (NNA), according to research firm ETFGI.
The previous high, set in 2013, was $149.9 billion. Year to date (YTD) NNA rose to $160.5 billionn, a new record level of NNA at this point in the year.
Assets declined slightly (0.4 percent) from their record high of $2.64 trillion in June to $2.62 trillion at the end of July. The global ETF/ETP industry now has 5,410 ETFs/ETPs, with 10,477 listings, from 222 providers listed on 60 exchanges, according to preliminary data from ETFGI’s end July 2014 Global ETF and ETP industry insights report.
The ETF/ETP industries in Europe and Japan have gathered record levels of YTD NNA at $42.7 billion and $14.9 billion, respectively. New record highs in assets were reached at the end of July by ETF/ETP industries in Canada with $66 billion, Asia Pacific (ex-Japan) with $103 billion, and Japan with $91.5 billion.
“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 percent 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 US earnings season. Developed markets outside the US ended the month down two percent, while emerging markets gained two percent, Asia was up five percent and frontier markets were up four percent in July.” according to Deborah Fuhr, managing partner at ETFGI.
In July 2014, ETFs/ETPs saw net inflows of $33.83 billion. Equity ETFs/ETPs gathered the largest net inflows with $27.7 billion, followed by fixed income with $3.2 billion, and commodity ETFs/ETPs with $1.7 billion in net inflows.
Vanguard gathered the largest net ETF/ETP inflows in July with $7.69 billion, followed by iShares with $6.82 billion, SPDR ETFs with $4.24 billion, DB x-trackers with $1.97 billion and PowerShares with $1.79 billion in net inflows.