Assets invested in the global ETFs industry reached a new milestone of US$11.63 trillion at the end of 2023, ETF research firm ETFGI reported.
This set a new record by outpacing the previous high of $10.99 trillion at the end of November 2023, representing a 25.6% increase in assets throughout the year, rising from $9.26 trillion at the end of 2022, according to the report.
In December, ETFs saw net inflows of $171.76 billion. Equity ETFs contributed $135.05 billion, bringing 2023 net inflows to $532.41 billion, exceeding the $479.74 billion in 2022. Fixed-income ETFs reported $21.69 billion in December, reaching a 2023 total of $271.67 billion, up from $236.55 billion in 2022.
Commodities ETFs/ETPs had net outflows of $1.45 billion in December, resulting in 2023 net outflows of $15.55 billion, slightly less than the $16.41 billion in 2022. Active ETFs attracted $16.42 billion in December, totalling $183.36 billion in 2023, surpassing the $123.67 billion in 2022.
“The S&P 500 increased by 4.54% in December and was up 26.29% in 2023. The developed markets index (excluding the US) increased by 5.81% in December and was up 18.14% in 2023. Sweden and Australia saw the largest increases amongst the developed markets in December.
The emerging markets index increased by 3.63% during December and was up 10.87% in 2023. Peru and Columbia saw the largest increases amongst emerging markets in December”, shared Deborah Fuhr, managing partner, founder and owner of ETFGI.
© 2024 funds europe
