ETF Assets Fall In January


    In January 2014, global ETF/ETP assets fell by 3.2 per cent to $2.32 trillion, based on negative market performance and net outflows of $7.6 billion, say preliminary findings from ETFGI’s ‘January 2014 Global ETF and ETP’ industry insights report. “Concerns about economic uncertainty and unrest in emerging markets, a fear that U.S. stocks are overbought and uncertainty over the impact of Fed tapering” caused investors to take money from ETFs/ETPs, says Deborah Fuhr, managing partner at ETFGI. Equity ETFs/ETPs experienced the largest net outflows with $11.8 billion, followed by commodity ETFs/ETPs with $1.9 billion. Fixed income ETFs/ETPs gathered the largest net inflows with $2.9 billion.