ETFs net flows soar - Global ETF FlowWatch - February 2017 Results
/In February, worldwide ETFs soared with US$65 billion in net flows amid continued growth of global stock markets. Equity ETFs led with US$44 billion in net new money, followed by bond and commodity (mostly gold ETFs) accumulating US$16 billion and US$6 billion, respectively. ETF assets surged to a record high of nearly US$3.81 trillion globally.
In the U.S., equity ETF net flows slowed down to US$30 billion during February 2016, compared to US$51 billion of net deposits in January. Bond products garnered US$12 billion in net new cash, while commodity (mostly gold ETFs) took in a moderate US$3 billion. On the category level, Equity US - Large Cap and Bond North America each attracted US$7 billion in net flows for the month.
ETFs in Europe recorded US$12 billion of net flows in February. Equity ETFs led with US$7 billion in net new money, followed by bond and commodity (mostly gold products) ETFs gathering US$3 billion each. Notably, Bond North America and Commodities – Precious Metals attracted the most net subscriptions of nearly US$2 billion each. In Asia, ETFs recorded $7 billion of net flows, mainly driven by Equity Japan with US$6 billion of inflows.
Premier ETF Indonesia Sovereign Bonds was the largest ETF new launch in February, attracting US$75 million. The ETF is managed by PT Indo Premier Securities and invests in government securities.