Vanguard dominates ETF inflows through turbulent month
Exchange Traded Fund (ETF) provider, Vanguard, is topping the Australian market for inflows for the first two months of the year, a report reveals.
Data from the ANZ showed Vanguard's ETFs attracted $190 million in January and February, while State Street Global Advisors' SPDR has seen the biggest outflows ($235 million) of all the ETF providers in the Australian market in the same period, with its S&P/ASX200 ETF accounting for $202 million of its total outflows this year.
The report revealed that the 16 fixed income ETFs on the market attracted more than half of the $224 million flows so far this year, while equities accounted for 48 per cent of flows.
Commodities-based ETFs attracted $23 million in the month, with BetaShares seeing the bulk of that figure flow into its BetaShares Gold ($12 million) and BetaShares Crude Oil ($10 million) products.
ANZ head of ETFs, Kris Walesby said that while February had been a slower month in terms of flows, than previous Februaries, there were positives for the market.
"Even though there were some redemptions, it was actually net-positive in terms of asset accumulation for the month," he said.
"So you've got a situation where almost whatever the storm you put in from on it [the ETF market], it's still able to push through, and that's one of the best leading indications… of an industry that's really going from strength to strength."
AUTHOR
Nicholas O'Donoghue
Recommended for you
Schroders has appointed a new chief executive as Simon Doyle steps down from the asset manager after 22 years.
Distribution of private credit funds through advised channels to retail investors will be an ASIC priority for 2026 as it releases the results of its thematic fund surveillance and guidance for research houses.
State Street Investment Management has taken a minority stake in private market secondaries manager Coller Capital with the pair set to collaborate on broaden each firm’s reach and drive innovation.
BlackRock Australia plans to launch a Bitcoin ETF later this month, wrapping the firm’s US-listed version which is US$85 billion in size.
