ETFs/ETPs At New Highs


    ETFs and ETPs globally have gathered a record $199 billion in net new assets through the end of the third quarter of this year, says preliminary data from ETFGI’s global ETF and ETP industry insights report. This surpasses the previous high of $185.8 billion set in the first three quarters of 2012. The global ETF/ETP industry has 5,463 ETFs/ETPs, with 10,510 listings, assets of $2.6 trillion from 225 providers listed on 61 exchanges. In September, investors invested the majority of net new money into North American equity exposures and reduced their exposure to Europe due to the on-going situation in the Ukraine, Scotland’s referendum vote, and the Bank of England governor’s statement that a rate increase was “getting closer,” says Deborah Fuhr, managing partner at ETFGI.