European US and Japanese ETF inflows hit record

European-listed ETFs and ETP assets reached a record high at the end of August of $477.4bn, ETFGI said on Monday.

European US and Japanese ETF inflows hit record

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Year-to-date, £31.2bn ($50.4bn) in net new assets have been gathered in Europe, £10.6bn ($17.1bn) more than in the whole of the record-setting 2012 year.

But, Europe was not alone, new record highs in net new asset flows were reached in Japan at £10.2bn ($16.5bn), the US at £66.5bn ($107.3bn) and globally where net new assets hit £114.6bn ($185bn).

At an asset class level, over the month, equity ETFs/ETPs gathered the largest net inflows with £2.7bn ($4.4bn), followed by fixed income ETFs/ETPs with £1.7bn ($2.8bn), and commodity ETFs/ETPs saw net inflows of £81.7m ($132m), ETFGI said.

According to preliminary data from the group’s 2014 Global ETF and ETP industry insights report, as at the end of August 2014 the European ETF/ETP industry had 2,061 ETFs/ETPs, with 6,232 listings, from 50 providers listed on 26 exchanges.

Deborah Fuhr, managing partner at ETFGI said: “In August investors invested net new money into an array of equity, fixed income and commodity exposures due to concerns over the situations in Ukraine and Gaza. The S&P 500 was up 4% in August and closed above the 2,000 threshold for the first time on August 26th. Developed markets were up slightly, emerging markets gained 3% and Latin America was up 9% in August. August was also a good month for fixed income.”

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