Global ETF and ETP assets reach record USD6.37tn at the end of January
ETFs and ETPs listed globally gathered net inflows of USD67.15 billion at the end of January 2020, which is significantly higher than the USD17.23 billion gathered at this point last year.
Assets invested in the global ETFs/ETPs industry increased by 0.4 per cent, from USD6.35 trillion at the end of December 2019, to USD6.37 trillion at the end of January, according to ETFGI's January 2020 Global ETFs and ETPs industry landscape insights report, an annual paid-for research subscription service.
"During January the S&P 500 lost 0.04 per cent as markets were affected by the Coronavirus (nCoV) outbreak and offset any optimism on the trade talks with China. Global equities as measured by the S&P Global BMI were also down 1.33 per cent and the S&P Emerging BMI declined 4.3 per cent as well,” says Deborah Fuhr, managing partner, founder and owner of ETFGI.
The Global ETFs/ETPs industry had 7,961 ETFs/ETPs, with 15,944 listings from 440 providers on 70 exchanges in 58 countries at the end of January.
During January 2020, ETFs/ETPs listed globally gathered net inflows of USD67.15 billion. Equity ETFs/ETPs listed globally gathered net inflows of USD34.39 billion during January, substantially greater than the USD8.94 billion in net outflows equity products attracted during January 2019. Fixed income ETFs/ETPs listed globally attracted net inflows of USD21.13 billion during January, slightly lower than the USD23.67 billion in net inflows fixed income products attracted during January 2019. Commodity ETFs/ETPs reported USD4.14 billion in net inflows during January, which is greater than the USD2.77 billion in net inflows gathered through January 2019.
Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered USD32.85 billion at the end of January, the iShares Core MSCI EAFE ETF (IEFA US) gathered USD2.59 billion alone.
The top 10 ETPs by net new assets collectively gathered USD3.53 billion in January. The iShares Physical Gold ETC (SGLN LN) gathered USD863.09 Mn alone.
Investors have tended to invest in core Equity and core Fixed Income ETFs during January.