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ETFGI reports Active ETFs in the U.S. celebrate their 12th anniversary

LONDON— March 26, 2020 —ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs and ETPs ecosystem, twelve years ago, on March 18, 2008 the first active ETF was listed in the US - the Bear Stearns Current Yield Fund (AMEX: YYY).   The response from many at the time was – Why do we need Active ETFs? 

Twelve years later that ETF does not exist but there are now 802 Active ETFs/ETPs listed globally, with 1,025 listings, assets of US$167 Billion a new record high, from 156 providers listed on 24 exchanges in 17 countries

During February, actively managed ETFs and ETPs gathered net inflows of US$6.10 billion during February, bringing year-to-date net inflows to US$12.30 billion. Assets invested in actively managed ETFs/ETPs finished the month up 2.0%, from US$163.61 billion at the end of January to US$166.84 billion, according to ETFGI's February 2020 Active ETFs and ETPs industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)

Highlights

• Active ETFs in the U.S. celebrate their 12^thanniversary
• Twelve years ago, on March 18, 2008 the first active ETF was listed in the US - the Bear Stearns Current Yield Fund (AMEX: YYY)
• Actively managed ETFs and ETPs gathered net inflows of US$6.10 billion during February
• Year-to-date net inflows of $12.30 billion that actively managed ETFs/ETPs gathered is the highest on record.
• Assets invested in actively managed ETFs/ETPs reached a new record of $166.84 billion.
• Will we see a wave of new issuers and new products come to market in 2020 in the US due to recent SEC approval of Non-transparent Active ETFs or Active Non-transparent “ANTs”, Semi-transparent, periodically disclosed active ETFs “PDAs” (these products will disclose their holdings at least quarterly like a mutual fund)