Active ETFs Hit $40 Billion Asset Milestone

Active ETFsActively-managed ETFs still represent only a fraction of the overall ETP space in terms of assets, but these funds recently hit a big milestone this year, according to ETFGI.

ETFGI, the leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, today reported that total global assets invested in actively-managed exchange traded products rose to a record high of $40.33 billion at the end of June 2016. All the geographical regions that ETFGI tracks saw big growth, with the U.S. once again leading the way. From ETFGI:

Record levels of assets were also reached at the end of June for active ETFs/ETPs listed in the United States at US$27.49 Bn, Canada with US$4.82 Bn, and in Asia Pacific ex-Japan with US$1.87 Bn.

At the end of Q3 2016, the Global active ETF/ETP industry had 293 ETFs/ETPs, with 389 listings, assets of US$40 Bn, from 56 providers listed on 18 exchanges in14 countries.

Image courtesy of ETFGI
Image courtesy of ETFGI

PIMCO remains the global leader in actively managed funds, controlling some 20% of the market with $8.07 billion in assets. The bond-focused issuer has continued to attract funds as interest rate hike fears grow, with fixed income investors looking for help in playing the yield curve.

The PIMCO Enhanced Short Maturity Exchange-Traded Fund ETF (NYSE:MINT) was unchanged in premarket trading Wednesday. The largest actively-managed ETF, with more than $5 billion in assets under management — or 12.5% of the total funds held globally in active ETFs, has gained 0.81% year-to-date.