Assets invested in actively-managed ETFs/ETPs listed globally reached a new record high of $47.5 billion at the end of February 2017, passing the prior record of $46bn set at the end of January 2017, according to data from London-based ETF industry consultant ETFGI.
Net inflows of $1.8bn were recorded across active ETFs/ETPs listed globally during February, bringing year-to-date (YTD) flows to $3.3bn. YTD, active ETF/ETP assets have increased by 9.3% when factoring in market impact.
First Trust gathered the largest net ETF/ETP inflows in February with $431 million, followed by Lyxor AM with $297m and PIMCO with $262m net inflows.
First Trust has also been the most successful gatherer of net new assets YTD with $825m net inflows, followed by SPDR ETFs with $404m and Lyxor AM with $376m.
Record levels of assets were also reached at the end of February 2017 for active ETFs/ETPs listed in the United States at $32.1bn, in Europe at $6.5bn, in Canada at $6.5bn and in Asia Pacific ex Japan at $2.2bn.
Actively-managed fixed income ETFs/ETPs commanded the largest share of global assets with $34.2bn, or 72% of total active ETF/ETP assets, across 105 active fixed income products. Active equity products made up $8.5bn, or 18% of total assets, spread across 155 ETFs/ETPs.
At the end of February 2017, the global active ETF industry had 317 ETFs, with 412 listings, from 60 providers listed on 16 exchanges in 12 countries.