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

By Michael S. Fischer

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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.