US exchange-traded funds and exchange-traded products reached a new record high of $1.42 trillion at the end of January 2013, according to figures from ETFGI.
At the end of January the US ETF and ETP industry had 1,446 ETFs and ETPs from 54 providers on three exchanges. Vanguard gathered the largest net new ETF and ETP inflows in January with $11 billion, followed by iShares with $10.9 billion, then Powershares with $2.5 billion and WisdomTree with $2 billion, while SPDR ETFs experienced the largest net outflows with $1.7 billion.
The top three ETF/ETP providers, out of 54, account for $1.18 trillion or 82.9% of ETF/ETP assets in the United States.
Worldwide, assets invested ETFs and ETPs broke through the $2 trillion milestone at the end of January 2013 to reach a new all-time high of $2.05 trillion.
