ETFGI.com – LONDON – ETFGI, the leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported assets invested in ETFs/ETPs listed in Europe reached a new record of US$539 billion at the end of July 2016. The European ETF/ETP industry ended the month with 2,220 ETFs/ETPs, with 6,957 listings, assets of US$539 billion, from 54 providers listed on 25 exchanges in 21 countries according to ETFGI’s July 2016 global ETF and ETP industry insights report.
Record levels of assets were also reached at the end of July for ETFs/ETPs listed globally at US$3.343 trillion, in the United States at US$2.367 trillion, in Japan at US$191.82 Bn and in Canada which reached US$81.19 Bn.
“Investor confidence returned during July after the surprising result of June’s Brexit vote. The S&P 500 was up 3.7% in July. Developed markets outside the U.S. gained 5.1% and emerging markets were up 4.8%.” according to Deborah Fuhr, managing partner at ETFGI.
Net inflows gathered by ETFs/ETPs in July were strong with US$9.40 Bn representing the largest month of asset gathering during 2016 and marking the 22nd consecutive month of net inflows, according to ETFGI’s July 2016 global ETF and ETP industry insights report. Fixed income ETFs/ETPs gathered the largest net inflows with US$4.80 Bn, followed by commodity ETFs/ETPs with US$2.59 Bn, and equity ETFs/ETPs with US$2.20 Bn.
YTD, ETFs/ETPs listed in Europe have gathered net inflows of US$31.73 Bn which is below the US$48.17 Bn gathered at this point in 2015. Fixed income ETFs/ETPs gathered the largest and a record level of YTD net inflows with US$22.41 Bn, followed by commodity ETFs/ETPs which have gathered a record level of YTD net inflows of US$10.13 Bn, while equity ETFs/ETPs experienced net outflows YTD with US$2.02 Bn.
iShares gathered the largest net ETF/ETP inflows in July with US$6.94 Bn, followed by SPDR ETFs with US$1.12 Bn and ETF Securities with US$1.08 Bn net inflows.
iShares gathered the largest net ETF/ETP inflows YTD with US$19,83 Bn, followed by ETF Securities with US$4.02 Bn and SPDR ETFs with US$2.92 Bn net inflows.
In July, 15 new ETFs/ETPs were launched by 5 providers and 1 ETF/ETP was closed.