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ETF’s reach a new record high

By Matt Bell | August 03 2016 11:28AM

Assets invested in active global exchange-traded funds (ETFs) and exchange-traded products (ETPs) reached a new record high of US$38 billion at the end of June 2016.

Growth in Canada

Industry research firm ETFGI reports that record level of assets were invested in Canada with US$4.46 billion. The United States and the Asia Pacific region recorded growth of $26.38 billion and $1.58 billion respectively.  At the end of June 2016, the Global Active ETF/ETP industry had 272 ETFs/ETPs, with 372 listings, assets of US$38 billion, from 51 providers listed on 17 exchanges in 14 countries.

YTD through end of June 2016, active ETFs/ETPs have seen net inflows of US$3.01 billion. Fixed income ETFs/ETPs gathered the largest net inflows YTD with US$1.88 billion, followed by mixed asset class ETFs/ETPs with US$437 million, and commodity ETFs/ETPs with US$343 million.

Three powerhouses

PIMCO is the largest active ETF/ETP provider in terms of assets with US$7.65 billion and a 20% market share, followed by Source with US$5.13 billion and 13.4% market share and in third is First Trust with US$4.80 billion and a 12.6% market share

Just seven out of the 272 active ETFs/ETPs have greater than US$1 billion in assets, and hold a combined total of US$17 billion, or 45.3%, of global active ETF/ETP assets.

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