Assets hit record levels in September – report

Deborah Fuhr, managing partner of the London-based research consultancy, revealed that global ETF and ETP assets rose to $2.22 trillion (£1.39 trillion) during September.

She said: “The Federal Reserve’s decision in its last meeting to maintain the quantitative easing scheme at its current size, and positive market performance, encouraged investors to put net inflows of $35bn (£21.96bn) back into the market through the products in September.”

However despite reaching record assets levels, the firm’s quarterly 355-page Global ETF and ETP Industry Insights Report revealed year-to-date inflows into the sector of $168.9bn (£105.94bn), $20bn (£12.54bn) down on the same time last year.

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Equity ETPs and ETFs attracted the largest inflows with $29.3bn (£18.38bn), followed by fixed income with $5.8bn (£3.64bn), and commodities with $3.74bn (£2.34bn).

Among ETF and ETP providers, Vanguard ranked first on net inflows, with $45.1bn (£28.29bn), iShares was second with $41.6bn (£26.10bn), and WisdomTree was third with $12bn (£7.53bn) of inflows.


£1.39 trillion - total global assets for ETPs and ETFs

£21.96bn - total global inflows in September

Adviser View

Colin Parkin, director of Lincolnshire-based Ample Financial Services, said: “We use ETFs occasionally but believe the market is probably 30 per cent overvalued at the moment, and there will eventually be some sort of readjustment so we would probably steer clear of them just now.”