ETFGI reported assets invested in active ETFs/ETPs listed globally reached a new record high of $46bn at the end of January 2017, according to data from ETFGI’s January 2017 global active ETF and ETP industry insights report.
Record levels of assets were reached at the end of January for active ETFs/ETPs listed globally with $45.57bn, in the United States with $31.08bn, in Canada with $6.14bn, in Asia Pacific with $2.05bn and in Japan with $107m.
At the end of January 2017, the Global active ETF/ETP industry had 320 ETFs/ETPs, with 413 listings, assets of $46bn, from 64 providers listed on 16 exchanges.
In January 2017, active ETFs/ETPs gathered net inflows of $1.51bn. Active ETF/ETP assets have increased by 4.6% from $43.55m in December 2016 to $45.57m in January 2017.
Deborah Fuhr, managing partner and co-founder of ETFGI commented, “Investors favour equities over commodities and fixed income during January as equity markets had a good start to 2017. Developed markets outside the US and emerging markets showed strong performance in January up 3.2% and 5.1% respectively while the S&P 500 index was up 1.9% and the DJIA index was up 0.6% in January.”
68% of the assets in active ETFs/ETPs are in the 170 active products that are domiciled and listed in the United States. 72% of the assets in active ETFs/ETPs are in the 103 active fixed income products.
First Trust gathered the largest net ETF/ETP inflows in January with $394m, followed by iShares with $243m and Source with $192m net inflows.