Global ETF inflows up 63% on September - Global ETF FlowWatch Oct 2015
/ETF flows worldwide in October totaled $39 billion, an increase of 62.5% compared to September’s $24 billion. Equity products regained popularity among investors after recent stock market corrections, garnering $24 billion this month. Global ETF flows year-to- date through October reached $288 billion while ETF assets worldwide remained almost $3 trillion.
The U.S. saw the biggest net inflows of $31 billion, with equity funds attracting $20 billion and bond products contributing the remaining $11 billion. One investment grade USD Corporate bond ETF and two USD high-yield bond products topped October’s best-selling list, each collecting over $2 billion in net inflows.
European ETFs garnered $7 billion in net new money, mainly driven by Euro bond products and large cap Europe equity products, amid continued stimulus from the European Central Bank. Asia saw small net redemptions of $0.3 billion, the first outflows since March this year. This was mainly attributed to outflows from Japanese equity products, with $1.7 billion of net redemptions from Nomura Topix Exchange Traded Fund alone.
BRJ iShares TOPIX ETF was the biggest ETF new launch in October, attracting