Assets invested in actively managed ETFs listed globally totaled a record $974.3 billion at the end of July, topping the previous monthly record for such assets set at the end of June, according to ETFGI.
As of June 30, assets invested in actively managed ETFs listed globally totaled $923.2 billion, said ETFGI, an independent research and consulting firm focused on the global ETF industry, in an Aug. 26 news release. Assets invested in active ETFs listed globally have increased by nearly 32% through July 31. As of Dec. 31, they totaled $739.9 billion, according to the release.
During July, actively managed ETFs listed globally attracted $35.9 billion of net inflows, bringing inflows this year through July 31 to $190 billion, the news release said. Those $190 billion of net inflows are the highest on record, more than doubling the previous record of $86.1 billion set during the first seven months of 2023, according to ETFGI.
Deborah Fuhr, managing partner, founder and owner of ETFGI, cited “more investors and products in more geographies” when asked what helped propel the growth in assets as well as net inflows in the active ETFs globally this year through July 31.
“Products are from well-known managers, conversions of mutual funds and SMAs (separately managed accounts),” Fuhr said in an email, adding that “more investors are preferring ETFs over mutual funds, especially in the U.S.”
