Global ETF News Older than One Year
Active ETFs manage to shine even as mutual funds take a battering
August 23, 2022--Strong inflows help assets rise even as active mutual fund holdings plunge 20%
Exchange traded funds are proving a rare ray of light for under-fire active fund managers as mutual funds are decimated by a toxic cocktail of investment losses and unprecedented outflows.
Globally, investors pulled a net $640bn from actively managed mutual funds in the first half of the year, according to figures from Morningstar, a far cry from inflows of $943bn in 2021. Combined with market falls, these outflows sent total assets spinning 19.6 per cent lower to $23.9tn.
Source: ft.com
ETFGI reports global ETFs industry gathered net inflows of 42.46 billion US dollars during July 2022
August 15, 2022-- ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today global ETFs industry gathered net inflows of US$42.46 billion during July, bringing year-to-date net inflows to US$505.79 billion.
During July 2022, assets invested globally in the ETF/ETP industry increased by 5.9%, from US$8.86 trillion at the end of June to US$9.37 trillion, according to ETFGI's July 2022 global ETFs and ETPs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)
Highlights
Net inflows of $42.46 Bn into the global ETFs industry during July.
YTD net inflows of $505.79 Bn are the second highest on record, after YTD net inflows in 2021 of $739.57 Bn.
38th month of consecutive net inflows.
Assets of $9.37 Tn invested in global ETFs industry at the end of July 2022.
Fixed Income ETFs and ETPs listed globally saw $31.22 Bn in net inflows in July 2022.
Source: ETFGI
ETFGI reports Crypto ETPs listed globally gathered net inflows of US$227 million during July 2022
August 12, 2022-- ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that Crypto ETFs and ETPs listed globally gathered net inflows of US$227 million during July, bringing year-to-date net inflows to US$727 million, which is much lower than the US$4.07 billion gathered at this point last year.
Total assets invested in Crypto ETFs and ETPs increased by 38.7% from US$6.02 billion at the end of June 2022 to US$8.35 billion, according to ETFGI's July 2022 ETF and ETP Crypto industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)
Highlights
Net inflows of $227 Mn during July 2022.
Year-to-date net inflows of $727 Mn are the second highest, after 2021 YTD net inflows of $4.07 Bn.
Assets of $8.35 Bn invested in Crypto ETFs and ETPs listed globally at end of July 2022.
Source: ETFGI
Crypto derivatives volumes surge to $3.12 trillion in July-CryptoCompare
August 11, 2022--Cryptocurrency derivatives trading on centralised exchanges rose to $3.12 trillion in July, a 13% monthly increase, researcher CryptoCompare said on Thursday, as crypto prices show signs of recovery from the recent market crash.
The derivatives market now makes up 69% of total crypto volumes, up from 66% in June, and helped push overall crypto volumes on exchanges to $4.51 trillion in July, CryptoCompare said.
Source: reuters.com
Record outflows from commodity ETPs obscure long-term demand
August 10, 2022--'Recency bias' is scaring some investors off, experts say, despite shortage of materials for energy transition
Investors pulled record amounts of money out of commodity exchange traded products (ETPs) in July, but industry observers said the rush for the exits ignored some long-term factors.
About $11.2bn was pulled from commodity ETPs globally, surpassing the combined outflows of $9.7bn recorded in May and June and marking the third month in a row of net outflows, according to data from BlackRock. The previous record was set in April 2013 when investors withdrew $9.5bn.
Source: ft.com
Central Banks Hike Interest Rates in Sync to Tame Inflation Pressures
August 10, 2022--During the pandemic, central banks in both advanced and emerging market economies took unprecedented measures to ease financial conditions and support the economic recovery, including interest-rate cuts and asset purchases.
With inflation at multi-decade highs in many countries and pressures broadening beyond food and energy prices, policymakers have pivoted toward tighter policy. As our Chart of the Week shows, central banks in many emerging markets proactively started to hike rates earlier last year, followed by their counterparts in advanced economies in the final months of 2021.
Source: imf.org
ETFGI reports global Hedge Funds industry had net outflows of 27.5 billion US dollars while Global ETFs industry had net inflows of 157.7 billion US dollars in Q2
August 10, 2022--ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs and ETPs ecosystem, reported today that the global Hedge Funds industry suffered net outflows of US$27.5 billion (source HFR) while the Global ETFs industry gathered net inflows of US$157.7 billion in Q2 2022.
Assets invested in the global ETFs industry are US$5.04 trillion larger than the assets invested in the global hedge fund industry at the end of Q2 2022. (All dollar values in USD unless otherwise noted.)
Highlights
Global Hedge Funds industry suffered net outflows of $ 27.5 Bn while Global ETFs industry gathered net inflows of $157.7 Bn in Q2 2022
Assets invested in the global ETFs industry are US$5.04 trillion larger than the assets invested in the global hedge fund industry at the end of Q2 2022.
Source: ETFGI
Who controls the world's minerals needed for green energy?
August 9, 2022--The Russian invasion of Ukraine has not simply exposed Europe's dangerous dependence on Russian oil and gas. The war has also underscored a less appreciated but equally worrisome vulnerability in the industrial West to threats that could hamper access to minerals vital to the transition from fossil fuels to clean energy.
Cobalt, copper, lithium, nickel, and rare earth elements (REEs) are all essential for producing electric vehicles and batteries, harnessing solar power and wind energy, and other actions to reduce the reliance of consumers and industries on fossil fuels. The supply of these critical minerals is vulnerable for various reasons. One is that production and processing of these minerals take place in a small number of countries, including some that have unstable political environments.
Source: piie.com
Investors swarm back to corporate bond ETFs
August 8, 2022--Investment grade and high-yield vehicles attracted $13.8bn in July, more than recouping the $9.9bn in outflows in June.
Money rushed back into investment grade corporate bond exchange traded funds in July with flows buoyed by "significant" buying of European-focused vehicles in a sign of improving sentiment.
Source: ft.com
Global Current Account Balances Widen Amid War and Pandemic
August 4, 2022--The war in Ukraine and resulting increase in commodity prices are expected to contribute to a further widening this year.
The lingering pandemic and Russia's invasion of Ukraine are dealing a setback to the global economy.
This is affecting trade, commodity prices, and financial flows, all of which are changing current account deficits and surpluses.
Global current account balances-the overall size of deficits and surpluses across countries-are widening for a second straight year, according to our latest External Sector Report. After years of narrowing, balances widened to 3 percent of global gross domestic product in 2020, grew further to 3.5 percent last year, and are expected to expand again this year.
Source: imf.org
