ETFs and ETPs listed globally accumulated $33.8 billion in new assets in July this year, says research and consultancy firm ETFGI.
This brings year to date net new assets (NNA) to a total $160.5 billion, surpassing the old record set for total accumulation achieved at this stage of the year, set in 2013 at $149.9 billion. Out of a total 2,070 ETFs/ETPs via 6,262 listings from 50 providers listed on 26 exchanges, a record $10.6 billion in NNA in July was set for Europe, with a total $42.7 billion accumulated year to date. In Japan a record year to date value of $14.9 billion was achieved, while additional record highs were achieved in the region in terms of total assets at US$91.5 billion.
According to ETFGI’s managing director, Deborah Fuhr, “In July investors invested the majority of 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 market were rattled at the very end of the month by the situations in the Ukraine and Gaza and 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.”
In addition, net inflows for ETFs/ETPs reached $10.6 billion in July with equity ETFs/ETPs reaching $6.96 billion, fixed income $2.62 billion, and commodity ETFs/ETPs $515 million.
Global ETFs and ETPs Gathered Record $160.5 Billion in New Assets in July
ETFs and ETPs listed globally accumulated $33.8 billion in new assets in July this year, says research and consultancy firm ETFGI.