After inflows of US$37 billion in March, flows to ETFs worldwide totalled US$18 billion in April 2015. Net deposits year-to-date through April have reached US$118 billion, and global AUM was just under US$3 trillion at the end of the month.
U.S. domiciled ETFs garnered inflows of US$15 billion in April, with much of the money going to international equity funds. The two highest inflow ETFs in the U.S. for the month were currency hedged international equity funds, the WisdomTree Europe Hedged Equity fund and the Deutsche X-trackers MSCI EAFE Hedged Equity fund.
European ETFs saw net deposits of US$4 billion in April, led by inflows to bond funds. Bond EUR funds had inflows of $2 billion and another US$1 billion flowed to Bond USD funds. In Asia ETFs saw outflows of US$2 billion, with Equity China funds accounting for most of the net redemptions.
The two largest ETF launches of April were from China Southern Asset Management. The China Southern CSI 500 Materials Index fund raised US$162 million in April, and the China Southern CSI 500 Industrial fund raised US$154 million.