Company Overview and News
Thomson Reuters Lipper's fund macro-groups (including both mutual funds and ETFs) grew their coffers by $21.4 billion for the fund-flows week ended Wednesday, January 10. The lion's share of the net inflows went into equity funds (+$12.0 billion) and taxable bond funds (+$10.4 billion), while municipal bond funds received $1.1 billion. Money market funds were the only macro-group giving back net money for the week; they suffered net outflows of $2. (14-0)
For the global stock market, 2017 was a banner year, having added $9 trillion in value thanks to booming economic growth in developed countries, strong corporate earnings, and central banks' go-slow approach to ease financial support. Notably, MSCI All-World Index gained nearly 22% last year (read: Top & Flop Zones of 2017 and Their ETFs). Trump’s tax overhaul and a spending spree bolstered the optimism in the world’s largest economy while China, the world’s second-largest economy, is holding up well. (33-1)
The following presents the least and most expensive style ETFs as well as the worst overall style ETFs per our Q4'17 style ratings.
Dave Dierking, CFA, and SA Editor Carolyn Pairitz Morris talk about 2017 and the year ahead for ETF investors. (13-0)
Thomson Reuters Lipper's fund macro-groups (including both mutual funds and ETFs) suffered their worst weekly net outflows of 2017 as their coffers shrank $46.4 billion for the fund-flows week ended Wednesday, December 20. Equity funds (-$22.2 billion) and money market funds (-$21.2 billion) dominated the net outflows, while taxable bond funds contributed $3.3 billion to the total outflows. Municipal bond funds, with a net inflow of $251 million, were the only group taking in net new money for the week.
The ETF industry continues to grow at a rapid pace. During the first eleven months of 2017, global exchange traded products saw record net inflows of US$600 billion, 53.6% more than in all of 2016, according to London-based consulting firm ETFGI. (17-0)
For the sixth week in a row, investors were net purchasers of fund assets (including those of conventional funds and ETFs), injecting $13.5 billion. However, the headline number was a little misleading. Investors padded the coffers of money market funds (+$30.7 billion) and municipal bond funds (+$217 million) while being net redeemers of equity funds (-$16.2 billion, their eleventh largest weekly net outflows on record) and taxable bond funds (-$1.
The ETF industry has seen explosive growth in terms of both AUM and launches thanks to unique strategies, novel concepts, transparency, diversification benefits, enhanced tax competence, less turnover and low cost. In fact, the industry has gathered more than $600 billion in new assets in the first 11 months of 2017. This is up 53.6% from net inflows for the whole of 2016 and almost double the inflows of $326 billion seen during the 11 months of last year (read: First Artificial Intelligence ETF Soars in Popularity). (2-0)
ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today US ETFs and ETPs have gathered $424B US dollars in net new assets.
Year-to-date, through end of November 2017, ETFs and ETPs listed globally saw record net inflows of US$600 Bn; 53.6% more than net inflows for the whole of 2016.
Given how important November was with progress on tax reform, Powell’s selection as the next Fed chair and the OPEC output cut deal extension, it will be interesting to look back at how ETF investors behaved in the month. Overall, the month mostly witnessed positive events. (6-0)
Assets invested in ETFs/ETPs listed in the United States increased by a record $715 billion during the first 10 months of 2017, to reach a new high of $3.26 trillion.
ETFGI, reported that assets invested in ETFs/ETPs listed globally increased by US$1.05 trillion during the first 10 months of 2017.
For the fourth week in five, investors were net purchasers of fund assets (including those of conventional funds and ETFs), injecting $17.5 billion. Investors padded the coffers of equity funds (+$4.7 billion), taxable bond funds (+$1.6 billion), money market funds (+$10.8 billion), and municipal bond funds (+$463 million). Despite the lower-than-expected October nonfarm-payrolls report, investors continued to send the three major indices to new record highs during the fund-flows week ended November 8, 2017. (166-0)
Wall Street continued its stellar run in October with the S&P 500 logging in gains of 2.2%. This not only represents the best month since February but also the seventh straight month of advances — its longest streak since May 2013. As such, investors flocked to the two ultra-popular ETFs tracking the index last month. SPDR S&P 500 ETF Trust (SPY - Free Report) and iShares Core S&P 500 ETF (IVV - Free Report) have pulled in about $7. (319-0)
2017-12-11 - Wilton
2017-12-11 - Wilton
2017-12-03 - Wilton
2017-11-27 - Wilton