Demand for ETPs continues at record pace

Global ETP flows reached their highest level for almost a year in July, as $44.1bn flowed into funds across the world.

Demand for ETPs continues at record pace


Year-to-date flows are now ahead of the record pace set in 2012, standing at $143.3bn versus the $128.3bn seen last year, while equity flows of $148bn outstrip the $76.9bn reported for the same period in 2012.

Equity ETPs accounted for the largest proportion of inflows in July, £39.3bn, while Pan European Developed Markets equity products reported the highest inflows since December 2012 at $2.8bn.

Fixed income flows also increased during the month, reaching $6.4bn following outflows of $8.4bn in June, while emerging markets equities also saw positive flows of $0.5bn following outflows of $4.3bn in June.

High yield ETPs attracted their highest cash flow since February 2012 with inflows of $2.6bn.

Gold vehicles continued to be hit by outflows, reaching $2.6bn in July bringing total outflows for the year to date to $30.9bn. The SPDR Gold Fund has lost the most cash over the year, with outflows of 19.8m since January.

Earlier in the year we took a look at what the future could hold for the ETF market in Europe, find out more here