Switzerland and UK lead ETF growth in April

Switzerland, UK, ETF, growth, April, lead ETF markets in April, global ETF industry, ETFGISwitzerland and the UK were the leading ETF markets in April as the global ETF industry continued to grow, according to ETFGI.

The independent research and consultancy firm found that Switzerland and the UK reported increases in assets invested in global ETFs of 6.4% and 5.3%, respectively.

The research also reported that the global ETF industry recorded net inflows of $56.7 billion throughout April.

The independent research and consultancy firm found that assets invested in the global ETF industry rose by 1.2% in April, which was the 47th month of consecutive net inflows.

This increased the year-to-date inflows to $201.7 billion, which is the third highest on record.

Total assets under management of the global ETF industry have also reached $9.9 trillion, which is a 7.8% increase from the end of 2022.

Investors demonstrated increased demand for fixed income ETFs, as the asset class reported the highest net inflows of $24.2 billion.

In the first four months of 2023, fixed income ETFs have seen net inflows of $94.2 billion, whereas the asset class recorded net inflows of $46.2 billion in total throughout 2022.

Equity ETFs also attracted net inflows of $23.5 billion in April, with these strategies attracting total net inflows in 2023 to $57.9 billion.

In comparison, the asset class saw total net inflows of $209.7 billion throughout 2022.

ETFGI’s research supports other reports that the global ETF industry has received increased investor demand recently.

Refinitiv Lipper reported assets under management could double by the end of 2030, driven by more bond space launched and wider ETF adoption by retail investors.

ETF inflows are also set to exceed €100 billion in 2023 as the asset class has become increasingly popular with European individual investors, according to BNP Paribas.

© 2023 funds europe

Thought leadership


This whitepaper outlines key challenges impeding the growth of private markets and explores how technological innovation, when bolstered by the operational experience and global reach of FMIs, can provide solutions to unlock access to private market funds for a growing investor base.


Transporting goods by sea is the lowest carbon way of transporting goods. That said, the shipping sector contribute 3% of global carbon emissions, so we need it to get to net zero. Breakthrough technologies have the power to reshape the industry and drastically reduce its environmental footprint.


Executive Video Interviews

Why fund admin tech is a key competitive advantage

Cian Hyland, Strategic Client Relationship Director at Deep Pool Financial Solutions spoke to us about how technology enables efficient data management, reporting automation and secure data access.

Insights from State Street

Cuan Coulter, Global Head of Asset Managers and Head of UK and Ireland at State Street, discusses how fund managers decide between the two cross-border fund domiciles, namely Ireland and Luxembourg, and why asset managers find managing data so difficult.

Unlocking access to private markets

Vincent Clause, who heads the global funds strategy at Euroclear and David Genn, CEO of Goji, sit down with Funds Europe to explain how technological innovation, bolstered by operational experience and global reach, can provide solutions that unlock access to private markets.

Sustainable investing in the DC world

Claire Felgate, a specialist in UK defined contribution pension schemes at asset manager BlackRock, talks with Funds Europe editor Nick Fitzpatrick about how - and the pace at which - DC pension schemes are adapting to the requirements of sustainable investment.



Join our webinar for a deep dive into the findings of the fresh-off-the-press EU Taxonomy 2023 Insights Report, based on Clarity AI's best-in-class coverage of EU Taxonomy reported data and CDP industry-leading environmental datasets. 

In this webinar, we discuss tools for optimising fund data management and distribution, the role of global fund classifications and ratings, and how technology and automation enhance data integrity and insights.