(MENAFN Editorial) ETFGI's analysis finds ETFs and ETPs listed globally gathered US33.8 Bn in net new assets in July, pushing YTD NNA to US160.5 Bn, a new record level of NNA at this point in the year, outpacing the previous high of US149.9 Bn set in 2013. Assets declined slightly (0.4%) from their record high of US2.64 Tn in June to US2.62 Tn at the end of July. The global ETF/ETP industry now has 5,410 ETFs/ETPs, with 10,477 listings, from 222 providers listed on 60 exchanges, according to preliminary data from ETFGI's end July 2014 Global ETF and ETP industry insights report.
The ETF/ETP industries in Europe and Japan have gathered record levels of YTD NNA at US42.7 Bn and US14.9 Bn, respectively. New record highs in assets were reached at the end of July by ETF/ETP industries in Canada with US66 Bn, Asia Pacific (ex-Japan) with US103 Bn, and Japan with US91.5 Bn.
"In July investors invested almost all net new money into equity exposures as investor confidence was positive through most of month. The S&P 500 hit an all-time high during July, but ended the month down 1% as markets were rattled at the very end of the month by the situations in the Ukraine and Gaza a a poor start to the U.S. earnings season. Developed markets outside the US ended the month down 2%, while emerging markets gained 2%, Asia was up 5% and frontier markets were up 4% in July." according to Deborah Fuhr, Managing Partner at ETFGI.
In July 2014, ETFs/ETPs saw net inflows of US33.83 Bn. Equity ETFs/ETPs gathered the largest net inflows with US27.7 Bn, followed by fixed income with US3.2 Bn, and commodity ETFs/ETPs with US1.7 Bn in net inflows.
Vanguard gathered the largest net ETF/ETP inflows in July with US7.69 Bn, followed by iShares with US6.82 Bn, SPDR ETFs with US4.24 Bn, DB x-trackers with US1.97 Bn and PowerShares with US1.79 Bn in net inflows.
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