Assets invested in actively managed ETFs listed globally have increased 44.9% in the first nine months of the year to reach a new record of $63.6 billion at the end of September, according to ETF industry consultancy ETFGI.
Record levels of assets were also reached at the end of September for actively managed ETFs listed in the United States at $40.9bn, Canada at $10.4bn, Europe at $8.3bn and Asia Pacific (ex-Japan) at $3.9bn.
During September, actively managed ETFs gathered a record $1.9bn in net inflows, marking 33 consecutive months of net inflows. Year-to-date (YTD) net inflows stand at a record level of $18.4bn, which is greater than the $4.8bn in net inflows at this point last year, and $10.1bn more than the $8.3bn net inflows gathered in all 2016.
Almost two-thirds (64.3%) of global assets in actively managed ETFs are invested in the 194 active products that are listed in the United States, while 71.6% of assets in actively managed ETFs globally are invested in fixed income products.
First Trust gathered the largest net inflows to active ETFs in September with $428 million, followed by PowerShares with $394m and SPDR ETFs with $191m.
At the end of September 2017, the global actively managed ETF industry had 377 ETFs comprised of 451 listings from 82 providers on 20 exchanges in 16 countries.