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Record rise in assets invested in ETFs

ETFsThere was a record-breaking rise in assets invested in exchange-traded funds (ETFs) during January.

According to data provider and consultancy firm, ETFGI, investors sank $54 billion (€44 billion) into ETFs and exchange-traded products (ETPs) listed in Europe in the first month of the year to reach a new high of $856 billion.

Assets invested in ETFs/ETPs listed in Europe grew by 6.73%, from $802 billion at the end of 2017, the strongest monthly asset growth on record.

In January 2018, ETFs and ETPs listed in Europe saw net inflows of $16 billion.

Assets in equity ETFs/ETPs jumped by 8.22% in January, significantly more than the 3.31% increase in fixed income ETFs/ETPs.

January 2018 also marked the 40th consecutive month of net inflows into ETFs/ETPs listed in Europe, with $16 billion gathered during the month; 38.2% more than net inflows at this point last year.

The majority of these flows were attributed to the top 20 ETFs by net new assets, which collectively gathered $9.47 billion in January 2018.

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