Close Close
Sign In
Newsletters
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
Podcast Center Video Center Webcasts Resource Center Events
About ThinkAdvisor Contact Us Advertise With Us Asset & Logo Licensing Sitemap Terms of Service Privacy Policy Copyright © 2024 ALM Global, LLC. All Rights Reserved.
ThinkAdvisor

Portfolio > ETFs

Exchange-Traded Funds, Products Gain Assets in August Despite Market Turmoil

By Michael S. Fischer

X
Your article was successfully shared with the contacts you provided.

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.

Equity ETFs/ETPs amassed the largest net inflows in the January–August period, with $139.3 billion. Fixed income and commodity products gathered $52.8 billion and $3.7 billion, respectively.

ETFGI’s preliminary data for August showed year-to-date record net inflows in three major markets:

  • US: net inflows of $127.5 billion, up 19% over 2014
  • Europe: net inflows of $59.7 billion, up 17%
  • Japan: net inflows of $28.9 billion, up 74%

At the end of August, 267 providers listed 5,926 ETFs/ETPs, with assets of $2.9 trillion, on 63 exchanges in 51 countries.

Year to date, ETFGI reported, iShares has gathered the largest net ETF/ETP inflows with $63.4 billion, followed by Vanguard with $54.9 billion, DB x-trackers with $25.2 billion, WisdomTree with $21.0 billion and Nomura AM with $13.5 billion in net inflows.

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.