Despite market turmoil in August, investors poured $20.8 billion globally into exchange-traded funds and products, according to the London research and consultancy firm ETFGI.
Fixed income ETFs/ETPs gathered the largest net inflows in August, $8.8 billion. Equity funds took in $2.4 billion and commodity funds $1.5 billion.
Vanguard enjoyed the largest net inflows for the month, with $4.7 billion, followed by DB x-trackers with $3.4 billion in net inflows, Nomura AM with $3.1 billion, UBS ETFs with $1.7 billion and Lyxor with $1.2 billion.
August marked the 19th consecutive month of positive inflows, and raised net new assets to a record $219.7 billion for the first eight months of the year, a 16% increase over the record set during the same period in 2014, ETFGI reported.