Statistics
Global ETF/ETP Industry Sets New Records For Net New Money

Exchange traded funds and exchange traded products – two index-based investment vehicles that have surged in prominence over the past decade or more – gathered a record $199 billion in net new assets through the end of the third quarter of this year.
Exchange traded funds and exchange traded products – two
index-based investment vehicles that have surged in prominence
over the past decade or more – gathered a record $199 billion in
net new assets through the end of the third quarter of this year.
That surpassed the previous high of $185.8 billion set in the
first three quarters of 2012.
The data, from ETFGI, an independent research house, said that
the global ETF/ETP industry has 5,463 ETFs/ETPs, with 10,510
listings, assets of $2.6 trillion from 225 providers listed on 61
exchanges.
ETFs are typically open-ended, index-based funds, with active
ETFs accounting for less than 1 per cent market share. They can
be bought and sold like ordinary shares on a stock exchange and
offer broad exposure across developed, emerging and frontier
markets, equities, fixed income and commodities. Exchange traded
products are products that have similarities to ETFs in the way
they trade and settle but do not use an open-end fund structure.
The use of other structures including unsecured debt, grantor
trusts, partnerships, and commodity pools by ETPs can, in
addition to a significantly different risk profile, create
different tax and regulatory implications for investors when
compared to ETFs, which are funds.
Year-to-date net new asset flows reached record levels for the
sectors in Japan at $15.0 billion, Europe at $47.4 billion, and
globally at $199.0 billion.
“In September investors invested the majority of net new money
into North American equity exposures. Due to the on-going
situation in the Ukraine, Scotland’s referendum vote, and the
Bank of England Governor’s statement that a rate increase was
“getting closer”, investors reduced their exposure to Europe. The
unfavourable geopolitical environment caused the S&P 500 to
decline 1 per cent in September. Developed markets declined 4 per
cent while emerging markets declined 7 per cent.” according to
Deborah Fuhr, Managing Partner at ETFGI.
iShares is the largest ETF/ETP provider in terms of assets with
$980.3 billion, reflecting 37.3 per cent market share; SPDR ETFs
is second with $431.6 billion and 16.4 per cent market share,
followed by Vanguard with $406.8 billion and 15.5 per cent market
share. The top three ETF/ETP providers, out of 225, account for
69.3 per cent of Global ETF/ETP assets, while the remaining 222
providers each have less than 4 per cent market share.