Australian ETFs record high in November
The Australian exchange traded fund (ETF) industry reached a record high of $24.6 billion funds under management (FUM) in November, helped by investors' positive response to the US election, according to the BetaShares Australian ETF Review.
The industry also hit another milestone in terms of the highest monthly traded value for the industry on record, achieving $2.5 billion in trading value.
The industry FUM grew by 2.3 per cent or by $564 million in November, with asset value appreciation representing 70 per cent of the growth.
According to BetaShares' managing director, Alex Vynokur, this proved that Australian investors had followed the global trend and used ETFs to express their investment events during significant market events.
"The strong inflows seen in global equities may represent current optimism about Donald Trump's election as the next US president and its impact on the economy, while the inflows in cash and fixed income suggest investors are concerned for the longer term," he said.
"The outflows from Australian equities and currency exposures (mainly in USD) are possibly due to investor profit taking after the recent rally in both categories."
BetaShares noted that the highest inflows were in global shares products, cash and fixed income and the highest outflows were seen in currencies, short exposures and Australian equities.
AUTHOR
Oksana Patron
Recommended for you
LGT Wealth Management is maintaining a neutral stance on US equities going into 2026 as it is worried whether the hype around AI euphoria will continue.
Tyndall Asset Management is to close down the Tyndall brand and launch a newly-branded affiliate following a “material change” to its client base.
First Sentier has launched its second active ETF, offering advisers an ETF version of its Ex-20 Australian Share strategy.
BlackRock has revealed that its iShares bitcoin ETF suite has now become the firm’s most profitable product line following the launch of its Australian bitcoin ETF last month.
