Record Net Outflows for Global ETFs and ETPs

Global ETFs and ETPs suffered record net outflows in August after July’s near record net inflows, according to ETFGI’s Global ETF/ETP report. “Uncertainty over a potential military conflict in Syria and when and how the Fed will begin QE tapering caused investors to net withdraw US$16.77 billion from ETFs/ETPs in August,” according to Deborah Fuhr, Managing Partner at ETFGI.

ETF and ETP assets have declined from the July record high of US$2.17 trillion to US$2.11 trillion at the end of August 2013.

EQUITY

In August, Equity ETFs/ETPs had the largest net outflows with US$13.62 billion. North American/US equity experienced the largest net outflows US$16.60 billion, while European equity gathered the largest net inflows with US$5.09 billion.

FIXED INCOME
Fixed income ETFs/ETPs saw net outflows of US$5.23 billion. Government bonds experienced the largest net outflows with US$3.65 billion, followed by inflation. Government/corporate bonds gathered the largest net inflows with US$208 million.

COMMODITY

Commodity ETFs/ETPs saw net outflows of US$911 million. Precious metals experienced the largest net outflows with US$1.08 billion.

YEAR TO DATE

YTD through end of August 2013, global ETFs/ETPs had net inflows of US$133.44 billion, below the US$141.71 billion from this time last year.

PROVIDERS

Vanguard ranks 1st based on August net inflows with US$3.54 billion, and 1st in YTD net inflows. Meanwhile, iShares, which ranks 1st based on overall assets, suffered net outflows of US$5.23 billion.

Please contact deborah.fuhr@etfgi.com if you would like to subscribe to ETFGI’s Global ETF and ETP industry insights reports.