Rise to US$4.7tn - Global ETF FlowWatch - November 2017 Results
/Worldwide ETFs recorded US$55 billion in net flows during November 2017. Equity ETFs led with US$41 billion in net new money, followed by bond and commodity ETFs US$11 billion and US$2 billion, respectively. Global ETF assets rose to US$4.707 trillion as of November 2017.
In the U.S., equity ETFs gained US$25 billion of net flows, while bond products gathered US$7 billion in net new cash. On the category level, Equity US – Large Cap, Equity Global – Large Cap, and Equity US Mid/Small Cap attracted nearly US$16 billion in net subscriptions together.
ETFs in Asia took in US$7 billion of net flows, mainly driven by Equity Japan amassing nearly US$5 billion of inflows in Asia. ETFs in Europe garnered US$12 billion of inflows primarily due to equity ETFs accumulating strong inflows of almost US$8 billion.
Franklin Templeton launched 16 passive ETFs to their line-up in November. The ETFs are market cap-weighted and benchmarked to various country and regional indices from the FTSE. The ETFs are listed on the NYSE Arca and amassed US$89 million as of November.