The year 2015 ended on a stirring note for exchange-traded funds and products, as the industry set an annual record of net new assets, according to ETFGI's year-end industry insights report.
ETFGI's preliminary data showed new assets of $372 billion, an increase of 10% over the record $338 billion gathered in 2014.
December marked the 23rd consecutive month of positive net inflows, and was the best month of the year for asset gathering with $55 billion in net new assets.
Total assets under management increased from $2.8 trillion in 2014 to just under $3 trillion.
Industry growth was robust on other measures as well:
- the number of ETFs/ETPs increased from 5,550 in 2014 to 6,146
- the number of listings grew from 10,771 to 11,750
- the number of providers have increased from 239 to 276
- the number of exchanges rose from 62 to 64
Deborah Fuhr, ETFGI's managing partner, noted in a statement that uncertainty in China, concerns about the Middle East and collapsing energy prices roiled markets last year.