Despite volatility, ETFs strong in August

August was a roller coaster ride for investors, but ETFs and ETPs across the globe still gathered US$20.8 billion in net new assets, says ETFGI. This marks the 19th consecutive month of positive net inflows for global ETFs.

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During the first eight months of 2015, record levels of net new assets (US$219.7 billion) were gathered by ETFs and ETPs. That’s a 16% increase over the prior record set during the first eight months of 2014.

In the United States, net new inflows reached US$127.5 billion and that’s 19% higher than the record set in 2014. Meanwhile, in Europe, year-to-date net inflows climbed to US$59.7 billion, representing a 17% increase. In Japan, year-to-date net inflows were up 74% on the record set last year and stood at US$28.9 billion.

Read: Global funds adding exposure to bonds

In August 2015, fixed income products gathered the largest inflows, with US$8.8 billion, followed by equity ETFs (US$2.4 billion) and commodity products (US$1.5 billion).

Read: Global ETFs, ETPs growing 21% faster

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.