Recovery of global markets sees US$61bn net flows - Global ETF FlowWatch - November 2018 Results

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Worldwide ETFs recorded US$61 billion in net flows during November 2018 amid recovery of the global stock markets.

Equity ETFs led with US$42 billion in net new money, followed by bond ETF products accumulating US$18 billion in net flows. Meanwhile, commodity ETFs gathered nearly US$2 billion in net flows. Global ETF assets climbed to US$5.065 trillion.

In the U.S., equity ETF products surged with nearly US$42 billion in net flows, mainly driven by Equity US – Large Cap garnering US$18 billion in net flows. Bond and commodity ETF products recorded US$14 billion and US$1 billion, respectively. Notably, Bond USD – Short Term was the second best-selling category, accumulating nearly US$13 billion in net new money for the month.

ETFs in Asia slowed down significantly to US$9 billion during November, compared to US$23 billion of net deposits in October. In Europe, ETFs added a modest US$5 billion in net new cash, bringing total ETF assets to US$789 billion as of November 2018 in the region.

Fuh Hwa 15+ Yr Energy Bond ETF was the largest new ETF launch in November, attracting US$174 million in net new money. The ETF is listed on the Taipei Exchange and seeks to track the performance of the Bloomberg Barclays US Corporate 15+ Year Energy index. Fuh Hwa launched a total of 3 bond ETFs in November.