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Global ETF and ETP assets suffer 3.2% decline in January

12 February 2014

Category: News, Global
By Asia Asset Management

In January 2014, global ETF/ETP assets fell by 3.2% to US$2.32 trillion based on negative market performance and net outflows of $7.6 billion, according to preliminary findings from ETFGI’s January 2014 Global ETF and ETP Industry Insights Report. January was a difficult month for emerging and developed equity markets.

“Concerns about economic uncertainty and unrest in emerging markets, a fear that US stocks are over bought, and uncertainty over the impact of Fed tapering, caused investors to take net outflows of $7.6 billion from ETFs/ETPs in January 2014,” says Deborah Fuhr, managing partner at ETFGI.

Equity ETFs/ETPs experienced the largest net outflows with $11.8 billion, followed by commodity ETFs/ETPs with $1.9 billion, while fixed income ETFs/ETPs gathered the largest net inflows with $2.9 billion.

Providers

In January, Vanguard gathered the largest net ETF/ETP inflows with $4.8 billion, followed by Nomura AM with $2.4 billion and First Trust with $1.5 billion net inflows; SPDR ETFs experienced the largest net ETF/ETP outflows in January with $16.5 billion, followed by iShares with $5.6 billion.

Index providers

S&P Dow Jones has the largest amount of ETF/ETP assets tracking its benchmarks with $657.1 billion, reflecting a 28.3% market share; MSCI is second with $323.6 billion and 13.9% market share, followed by Barclays with $197.8 billion and 8.5% market share.

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