Stock markets continue to recover - Global ETF FlowWatch - April 2018 Results
/During April, worldwide ETFs accumulated US$34 billion in net flows amid continued recovery of the global stock markets. Bond ETFs led with US$19 billion in net new money, followed by equity and commodity (mostly gold ETFs) products garnering US$13 billion and US$2 billion, respectively. ETF assets climbed to US$4.948 trillion globally.
In the U.S., bond ETFs recorded US$16 billion of net flows, while equity products gathered US$10 billion in net new cash. Notably, Bond USD – Short Term and Bond North America attracted the most net subscriptions, totalling a combined US$14 billion for the month.
ETFs in Europe added a modest US$2 billion in net new cash, bringing total ETF assets to US$823 billion as of April 2018 in the region. Also, Bond EUR led with US$1.2 billion in net subscriptions. Asia only saw US$4 billion of net flows, suffering a decrease of US$16 billion from the month prior.
CCB Principal MSCI China A Index ETF Fund was the largest ETF new launch in April 2018, garnering nearly US$325 million. The MSCI China A Index captures large and mid-cap representation across China securities listed on the Shanghai and Shenzhen exchanges and are accessible through “Stock Connect”.