Global ETP and ETF assets reach record $2.49trn

Exchange-traded products’ global assets reached a record high at the end of April with a total of $2.49trn (£1.41trn) being held in the offerings.

According to ETFGI’s April 2014 Global ETF and ETP Industry Insight report, ETFs and ETPs captured net new assets of $34bn in April. 

iShares saw the most of these inflows in April with $10.7bn being channelled into its products, closely followed by Vanguard and SPDR ETFs with $6.2bn and $4.6bn in net inflows respectively. 

Within this month of inflows, equity ETFs and ETPs were the most popular and collected a net $27.5bn. 

While fixed income ETFs and ETPs saw net inflows of $6.3bn in April, commodity ETFs and ETPs were hit with net outflows of $930m during this time. 

ETFGI managing director Deborah Fuhr says: “In April, as was the case in March, investors continued to show a strong preference to equity allocations. Equity markets were again choppy in April – the S&P 500 closed at an all-time high on 2 April but ended the month up less than 1 per cent. 

“The Dow Jones closed the month at an all-time high of 16,581. Outside the US, developed markets improved slightly, European equities continued to strengthen, while emerging markets remained flat for the month.”