Actively managed ETFs across the world recorded over US$40 billion of inflows in the first four months of the year – the second-highest level for this period on record.
According to data provider ETFGI, the funds saw $43.59 billion of inflows up to the end of April, including $7.36 billion in April itself.
Overall, assets under management in active ETFs stood at $547 billion, an increase of 1.6% from March.
Active ETFs should help the ETF industry grow to $30 trillion in the next ten years, according to a forecast by bank Brown Brothers Harriman recently, as more traditional asset managers are expected to enter the market.
The ETFGI figures showed that the largest inflow figure for active ETFs for the same January-April period in the past was $61.15 billion in 2021.
Active ETFs have seen 37 months of consecutive net inflows, according to ETFGI, and there are currently around 1,980 actively managed ETFs listed from 366 providers.
Equity-focused active ETFs gathered net inflows of $5.79 billion during April, bringing year-to-date net inflows to $32.88 billion.
Fixed Income products attracted net inflows of $1.39 billion during April, bringing the total net inflow figure for the period to $11.52 billion.
JPMorgan Equity Premium Income ETF (JEPI US) gathered $1.56 billion, the largest individual net inflow figure for a fund.
Overall ETF inflows are set to exceed €100 billion in 2023 as the asset class has become increasingly popular with individual investors and financial advisers in Europe, according to BNP Paribas.
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