The global exchange-traded funds (ETF) industry is forecasted to reach a new milestone, with assets expected to exceed $11.5 trillion by the end of 2023, according to ETFGI.
The end of 2023 is anticipated to see substantial growth in the ETF industry, with assets predicted to have risen by over 24% during the year. The increase is from $9.26 trillion at the end of 2022 to over $11.5 trillion by the close of 2023.
Net inflows for December 2023 are forecasted to exceed $176 billion. The total net inflows for the year are projected to be over $938 billion, the second-highest on record after the $1.29 trillion in 2021. This period also marks the 55th consecutive month of net inflows into the global ETF industry.
Deborah Fuhr, managing partner, founder, and owner of ETFGI, said, “The S&P 500 index is up 4.83% month-to-date and 26.64% year-to-date as of December 28, 2023. The developed markets ex-US index is up 6.01% month-to-date and 18.36% year-to-date as of December 28, 2023.
“The emerging markets index is up 3.44% month-to-date and 10.66% year-to-date as of December 28, 2023, and the frontier markets index is up 1.59% month-to-date and 30.36% year-to-date as of December 28, 2023.”
In terms of regional highlights, the ETF industry in various areas is also expected to set new records by the end of 2023:
- The United States’ ETF industry is projected to surpass $8.1 trillion, a 24.6% increase from $6.5 trillion at the end of 2022.
- Europe’s ETF industry is anticipated to exceed $1.8 trillion, up 28.6% from $1.4 trillion at the end of 2022.
- Asia Pacific ex-Japan is expected to reach over $1.1 trillion, a 90% surge from $579 billion at the end of 2022.
- Canada’s ETF industry is forecasted to hit over $311 billion, up 24.4% from $250 billion at the end of 2022.
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