Despite difficult market conditions, the global ETF and ETP industry gathered net inflows of US$13.1 billion in January 2016, according to preliminary data from an ETFGI report. Funds listed globally have now gathered net inflows for two years.
At the end of January 2016, the global ETF and ETP industry had 6,180 products, with 11,895 listings, assets of US$2,853 billion. In January 2016, 43 new funds were launched by 17 different providers.
Last month, equity funds experienced the largest net outflows, with US$8.5 billion being withdrawn. In particular, ETFs providing exposure to U.S. and North American equities experienced the largest net outflows of US$13.8 billion, followed by funds providing exposure to emerging market equity indices (-US$2.1 billion). Meanwhile, developed Asia Pacific equity funds gathered the largest net inflows of US$3.4 billion.
Overall, investors favoured safe-haven developed market Government bond ETFs and ETPs, with net inflows of US$10.6 billion, followed by broad and aggregate bond exposure (US$1.7 billion) and emerging market bond funds (US$950 million).
Commodity funds stayed positive, accumulating net inflows of US$3.4 billion, with US$2.0 billion net inflows being allocated to gold products and US$1.7 billion of net inflows into funds providing exposure to oil.
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