ETFGI, a prominent independent research firm specializing in global ETF trends, announced that assets in actively managed ETFs worldwide surged to a record $974.29 billion by the end of July. This marks a significant increase from the previous peak of $923.22 billion set in June 2024. In July alone, these ETFs attracted net inflows totaling $35.92 billion, contributing to a year-to-date total of $189.96 billion.
The July report from ETFGI underscores several key developments:
Actively managed ETFs hit a new high of $974.29 billion in assets by July, surpassing the June 2024 record.
Year-to-date asset growth stands at 31.7%, up from $739.87 billion at the end of 2023.
Net inflows for July amounted to $35.92 billion.
Year-to-date net inflows have reached an all-time high of $189.96 billion, outpacing $86.12 billion in 2023 and $85.25 billion in 2021.
The industry has enjoyed 52 consecutive months of net inflows.
Deborah Fuhr, managing partner and founder of ETFGI, noted that the S&P 500 rose by 1.22% in July and 16.70% for the year, while developed markets excluding the U.S. gained 3.37% in July and 8.12% in 2024. Among developed markets, Ireland and Belgium experienced declines, whereas Greece and the UAE saw the most substantial gains among emerging markets.
By the end of July, there were 2,761 actively managed ETFs listed globally, with 3,421 share classes and $974.29 billion in assets from 461 providers across 37 exchanges in 29 countries.
Actively managed equity ETFs attracted $19.37 billion in July, pushing year-to-date inflows to $108.52 billion, surpassing the $58.01 billion recorded in the same period last year. Fixed-income ETFs drew $14.57 billion in July, with year-to-date inflows reaching $69.12 billion, significantly exceeding $27.44 billion in the first seven months of 2023.
The substantial inflows were driven by the top 20 actively managed ETFs by new net assets, which together accumulated $13.42 billion in July. The Magellan Global Fund/Open Class led with the largest single inflow of $1.64 billion.
You Might Be Interested In: