Last month, exchange-traded funds and exchange-traded products globally had net inflows of $11.4 billion, according to ETFGI. Year-to-date through February 2013, ETFs and ETPs have seen net inflows of $49.1 billion.
Equity ETFs and ETPs gathered the largest net inflows with $11.6 billion, followed by fixed income ETFs and ETPs with $1.3 billion, and active ETFs and ETPs with $1.1 billion, while commodity ETFs and ETPs experienced net outflows with $4.9 billion. North American equity ETFs and ETPs gathered the largest net inflows $6.6 billion, followed by developed Asia Pacific equity indices with $3.4 billion, and global (ex-US) equity $1.8 billion, while emerging market equity ETFs and ETPs experienced the largest net outflows with $1.4 billion.
The flows into equity ETFs and ETPs show investors are rotating out of cash and fixed income into equities as investor confidence continues to improve, stated Deborah Fuhr, Managing Partner at London-based ETFGI.
Vanguard gathered the largest net ETF and ETP inflows in February with $5.95 billion, followed byiShares with $4.23 billion and WisdomTree with $2.16 billion net inflows.