Assets invested in ETFs and ETPs listed globally have broken through the US $7-trillion milestone at the end of August, says research firm ETFGI in London.
During August, ETFs and ETPs listed globally gathered net inflows of US$55.18 billion, bringing year-to-date net inflows to US$428.25 billion, significantly higher than the US$272.62 billion gathered at this point last year. Assets invested in the global ETFs/ETPs industry have increased by 5.1 per cent, from US$6.66 trillion at the end of July 2020 to US$7 trillion at the end of August, according to ETFGI.
Markets up in August
“The S&P 500 enjoyed its best August since 1986, gaining 7.2 per cent in the month and up 9.7 per cent year to date,” said Deborah Fuhr, managing partner, founder and owner of ETFGI. The 24 developed ex-U.S. markets were all up for the month with the index up 5.5%.
At the end of August 2020, the Global ETF/ETP industry had 8,287 ETFs/ETPs, with 16,495 listings, assets of US $7 trillion, from 474 providers listed on 73 exchanges in 59 countries.
