ETFs/ETPs listed in Canada have gathered a record US$11.3 billion in net new assets as of the end of November 2015 which is 10.7% above the record level of US$10.2 billion of net new assets gathered at this ..
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by Deborah Fuhr, managing partner at ETFGI
point in 2012. This marks the 12th consecutive month of positive net inflows. The Canadian ETF industry had 373 ETFs, with 522 listings, assets of US$66 Bn, from 12 providers on 1 exchange at the end of November, according to ETFGI’s Global ETF and ETP insights report for November 2015.
In the first eleven months of 2015 record levels of net new assets have been gathered by ETFs/ETPs listed globally with net inflows of US$319.3 Bn marking a 15% increase over the prior record set during the first eleven months of 2014. In the United States net inflows reached US$201.7Bn, which is 5% higher than the prior record set last year, in Canada net inflows at US$11.4 Bn are up 10.7% over the prior record set in 2012, while in Europe year to date (YTD) net inflows climbed to US$72.6 Bn, representing a 18% increase on the record set YTD through end of November 2014. In Japan, YTD net inflows were up 210% on the prior record set in 2013, standing at US$33.7 Bn at the end of November 2015.
“Global markets were mostly down in November, developed markets outside the US declined 1%, emerging markets ended down 3% while the Dow Jones Industrial Average and the S&P 500 ended up less than 1%.” according to Deborah Fuhr, managing partner at ETFGI.
In November 2015, ETFs/ETPs listed in Canada gathered net inflows of US$1.3 Bn. Equity ETFs/ETPs gathered the largest net inflows with US$1.1 Bn, followed by commodity ETFs/ETPs with US$30 Mn, and fixed income ETFs/ETPs with US$20 Mn in net inflows.
YTD through end of November 2015, ETFs/ETPs have seen net inflows of US$11.3 Bn. Equity ETFs/ETPs gathered the largest net inflows YTD with US$6.3 Bn, followed by fixed income ETFs/ETPs with US$3.4 Bn, and commodity ETfs/ETPs with US$29 Mn.
iShares gathered the largest net ETF/ETP inflows in November with US$609 Mn, followed by BMO AM with US$444 Mn, First Asset with US$100 Mn, Vanguard with US$93 Mn and Horizons with US$82 Mn in net inflows.
YTD, BMO AM gathered the largest net ETF/ETP inflows YTD with US$4.5 Bn, followed by iShares with US$2.3 Bn and Vanguard with US$1.9 Bn net inflows.