Assets grew by $11.1 billion in 2016, while the combined EM ETF industry had $38.2 billion in new money come in. As of Dec. 31, there were 40 emerging markets debt funds and 137 emerging markets equity funds.
Emerging markets debt ETFs gaining assets
Dollar-denominated funds have historically made up the bulk of the emerging markets bond ETF assets under management and has changed little so far in 2017. Investors in euro-denominated and local currency ETFs saw opposite movements through February, with assets to local currency from euro-denominated in near equal proportions.