ETF assets at US$4.146 trillion globally - ETF Flow Watch - June 2017 Results
/June was another month of strong inflows for ETFs globally, as net deposits totalled US$62 billion. ETFs worldwide surged with US$147 billion of inflows in the second quarter of 2017 and over US$340 billion in the first half of the year. ETF assets continued to rise and stood at US$4.146 trillion globally.
In the U.S., equity ETFs amassed US$30 billion of net flows, while bond products recorded US$12 billion in net new cash. At the category level, Equity Global – Large Cap led with US$11 billion in net new money, followed by Bond North America and Equity US – Large Cap garnering US$8 billion and US$7 billion, respectively. Meanwhile, commodity (mostly oil and gold products) took in a moderate US$2 billion in net new money.
ETFs in Europe recorded US$9 billion of net flows in June. Notably, Bond EUR and Bond Emerging Markets saw inflows of more than US$3.5 billion between them, followed by Equity US – Large Cap with US$862 million in net subscriptions. ETFs in Asia amassed US$6 billion in June, following net subscriptions of nearly US$1 billion in May.
IndexIQ launched five new ETFs in June, totalling nearly US$350 million in net new money. The ETFs are screened to meet SRI criteria and fundamentally weighted by tracking among a range of indices from the Solactive Candriam Factors Sustainable Index Family. The ETFs are listed on the Paris Euronext Stock Exchange and cross listed on the Amsterdam Euronext Exchange.