Assets invested in actively managed exchange-traded funds and exchange-traded products listed globally reached a new record high of $42.0bn at the end of November 2016, according to data from ETF industry consultant ETFGI.
During the month, active ETFs/ETPs saw net inflows of $1.1bn with First Trust gathering the largest amount of net new assets at $432m, followed by Source with $197m and Fidelity with $134m.
Year-to-date through the end of November 2016, active ETFs/ETPs saw net inflows of $6.8bn. First Trust was the most successful gatherer of net new assets over this period with $3.0bn in net inflows, followed by SPDR ETFs with $1.5bn and PIMCO with $918m.
Record levels of assets were also reached for active ETFs/ETPs listed in the United States at $28.7bn, Canada at $5.6bn, and in Asia Pacific ex-Japan at $1.9bn.
At the end of November 2016, the global active ETF/ETP industry had 303 ETFs/ETPs, with 398 listings from 59 providers listed on 16 exchanges in 12 countries.