Actively managed ETF and ETP assets reached a new record high of USD182.72bn at the end of June 2020
Actively managed ETFs and ETPs saw net inflows of USD7.04 billion during June, bringing year-to-date net inflows to USD26.69 billion which is significantly more than the USD16.41 billion gathered at this point in 2019.
Assets invested in actively managed ETFs/ETPs finished the month up to 8.1 per cent, from USD168.98 billion at the end of May to USD182.72 billion a new record, according to ETFGI's June 2020 Active ETF and ETP industry landscape insights report, an annual paid-for research subscription service.
“The S&P 500 gained 1.99 per cent during June. In Q2, US equities staged a recovery from the Q1’s decline. Although Covid cases in the US are still increasing the stimulus from the Fed and Congress, aided the market rebound. During June developed markets outside the US were up 3.44 per cent and up 16.8 per cent in Q2. In June Hong Kong (up 11.35 per cent), New Zealand (up 10.09 per cent) Netherlands (up 8 per cent) and Germany (up 6.08 per cent) as the top performers. Emerging markets gained 7.6 per cent in June and are up 19.3 per cent in Q2.” According to Deborah Fuhr, managing partner, founder and owner of ETFGI.
Fixed Income focused actively managed ETFs/ETPs listed globally gathered net inflows of USD4.82 BN during June, bringing net inflows for the year to June to USD14.38 BN, more than the USD12.88 Bn in net inflows Fixed Income products attracted for the year to June 2019. Equity focused actively managed ETFs/ETPs listed globally attracted net inflows of USD1.89 Bn during June, bringing net inflows for the year to June 2020 to USD10.35 Bn, greater than the USD3.25 Bn in net inflows equity products had attracted for the year to June 2019.
Substantial inflows can be attributed to the top 20 ETFs/ETPs by net new assets, which collectively gathered USD6.41 billion during June. JPMorgan Ultra-Short Income ETF gathered USD1.36 billion alone.
Investors have tended to invest in Fixed Income actively managed ETFs/ETPs during June.