Global ETF FlowWatch highlights - September 2022
/ETF net flows worldwide suffered US$1 billion in net redemptions during September 2022, compared to US$50 billion in net deposits in August 2022. Notably, bond ETF products amassed nearly US$10 billion in net new money, while equity and commodity ETFs suffered US$2 billion and US$8 billion in net withdrawals, respectively. Global ETF assets fell to US$8.3 trillion at the end of September 2022.
In the U.S., bond ETFs recorded US$12 billion in net flows, primarily driven by bond USD - Short Term accumulating US$20 billion in net subscriptions. Equity ETFs gathered US$4 billion in net new money, while commodity ETF products experienced net redemptions of US$4 billion.
ETFs in Asia declined significantly, suffering US$10 billion in net redemptions, driven by equity and commodity ETFs products together experiencing net withdrawals of US$10 billion. Meanwhile, bond ETF products experienced net redemptions of US$287 million. ETFs in Europe saw net redemptions of $6 billion. Bond and equity ETFs suffered US$3 billion and US$2 billion in net withdrawals, respectively. Commodity ETF investments in Europe suffered US$1 billion in net redemptions.
Yinhua CSI 300 Growth Index ETF was the largest new ETF launch in September 2022, attracting US$857 million in net flows.