Exchange-traded funds enjoyed $191 billion in net new flows in 2012, ending the year with $1.3 trillion in assets, according to new research from New York-based Strategic Insight.
Exchange-traded equities, both domestic and international, enjoyed gains across the board in 2012, ending the year at $1.1 trillion, up $139 billion for the year. This is double the $69 billion in net new flows ETFs secured in 2011.
Domestic ETFs totaled $775 billion in December, up $91 billion in net new flows for all of 2012, as compared to a $48 billion gain in 2011. International ETF ended 2012 with $323 billion in assets, fueled by $48 billion in net new flows for the year. That’s more than double the $21 billion in net new flows enjoyed by 2011.
Exchange-traded bonds in 2012 totaled $$1.3 trillion, of which taxable bonds comprised $233 billion and tax-free bonds $12 billion. For the year, net new flows in taxable and tax-free bonds totaled $49 billion and $3 billion, respectively.