ETF and ETP assets have increased by 9.1 per cent from $1.95 trillion to $2.13 trillion, according to figures from ETFGI’s Global ETF and ETP Industry Insights report for April. Currently there are 4,827 ETFs and ETPs, with 9,897 listings and assets of $2.13 trillion.
Further, ETFs and ETPs have seen net inflows of $83 billion year to date through to the end of April, compared to the $67 billion in net flows at the same time last year, according to ETFGI.
“April flows show investors are feeling more cautious as a result of political and economic events in Europe, the US and Asia,” said Deborah Fuhr, managing partner at ETFGI.
ETFs and ETPs recorded $9.9 billion in net inflows in April, with fixed income ETFs and ETPs gathering the largest net inflows, with $8.0 billion; followed by equity ETFs and ETPs, with $7.5 billion; and active ETFs and ETPs, with $1.3 billion.
Also, commodity ETFs and ETPs experienced net outflows, with $9.4 billion, according to ETFGI, while emerging market equity experienced the largest net outflows, with $5.0 billion.
Equity ETFs and ETPs had net inflows of $7.5 billion, with North American equity gathering the largest net inflows at $9.2 billion. This was followed by developed Asia Pacific equity, with $4.5 billion, and global equity with $1.1 billion.
Reflecting a 26.1 per cent market share, S&P Dow Jones has the largest amount of ETF and ETP assets tracking its benchmarks, with $556 billion; MSCI came in second, with $368 billion and 17.3 per cent market share; followed by Barclays, with $194 billion and 9.1 per cent market share.