The global ETF/ETP industry gathered net inflows of US$13.1 billion in net new assets in January 2016, according to preliminary data from ETFGI’s latest global ETF and ETP industry insights report.
At the end of the month, the industry had 6,180 ETFs/ETPs, with 11,895 listings, assets of US$2,853 billion, from 277 providers on 64 exchanges. Some 43 new ETFs/ETPs were launched by 17 different providers.
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Equity ETFs/ETPs experienced the largest net outflows in January with US$8.5 billion being withdrawn from the asset class. ETFs/ETPs providing exposure to U.S./North American equities experienced the largest net outflows with US$13.8 billion, followed by ETFs/ETPs providing exposure to emerging market equity indices with US$2.1 billion, while developed Asia Pacific equity ETFs/ETPs gathered the largest net inflows with US$3.4 billion.
The report also showed that the largest net inflows, at US$12.5 billion, were gathered by ETFs/ETPs providing exposure to fixed income securities. Investors also favoured safe haven developed market Government bond ETFs/ETPs with net inflows of US$10.6 billion, followed by broad/aggregate bond exposure with US$1.7 billion, while emerging market bond ETFs/ETPs experienced the largest net outflows with US$950 million.
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Commodity ETFs/ETPs accumulated net inflows of US$3.4 billion, accruing to the report, with US$2.0 billion net inflows being allocated to gold products and US$1.7 billion net inflows into ETFs/ETPs providing exposure to oil.