First Trust has gathered the largest actively-managed ETF/ETP net inflows during January 2017, attracting $394m in net new assets, according to latest research from ETF industry consultant ETFGI. The strong demand for the firm’s products pushed iShares into second place for the month, with the behemoth ETF issuer recording $243m in actively-managed ETF/ETP net inflows, while Source came third with a net $192m in new actively-managed ETF/ETP assets.
Record levels of assets were reached at the end of January 2017 for actively-managed ETFs/ETPs listed globally with $45.6 billion, in the United States with $31.1bn, in Canada with $6.1bn, in Asia Pacific with $2.1bn and in Japan with $107m.
During the month, actively-managed ETFs/ETPs listed globally gathered net inflows of $1.5bn while the performance of the funds’ underlying assets contributed $0.5bn in total actively-managed ETF/ETP industry growth of $2.0bn for the month.
At the end of January 2017, the global actively-managed ETF/ETP industry had 320 ETFs/ETPs with 413 listings from 64 providers listed on 16 exchanges.
$32.8bn, or 72%, of the global actively-managed ETF/ETP industry assets are dedicated to fixed income products.