US ETPs gathered $145bn in Q3

ETFs and ETPs listed in the United States have gathered $145bn in net new assets as of the end of Q3 2015, a level said to be a record by ETFGI.

Although September was another roller coaster ride for investors they allocated $19.1bn in net new assets to ETFs and ETPs listed in the United States during the month. This marks the 8th consecutive month of positive net inflows, according to ETFGI’s ETF and ETP United States insights report for September 2015.

In the first three quarters of 2015 record levels of net new assets have been gathered by ETFs/ETPs listed globally with net inflows of $250.5bn marking a 26% increase over the prior record set at this time last year.

In the United States net inflows reached $145.4bn, which is 7.8% higher than the prior record set in 2012, while in Europe year to date (YTD) net inflows climbed to $61.6bn, representing a 30% increase on the record set YTD through end of September 2014.

In Japan, YTD net inflows were up 143% on the record set last year, standing at $36.4bn at the end of September 2015.

iShares gathered the largest net ETF/ETP inflows YTD with $58.2bn, followed by Vanguard with $52.8bn, WisdomTree with $19.6bn, Deutsche Bank with $16.4bn, and Schwab ETFs with $9.8bn in net inflows.

“Uncertainty on China and when the Fed will raise interest rates continues to weigh the markets and  investor sentiment.  The S&P 500 decreased 2.6% in September, and is down 6.7% year to date.” according to Deborah Fuhr, managing partner at ETFGI.

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