Wednesday, June 06, 2018  11.25AM  / ETFGI Reports

ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today that assets invested in ETFs and ETPs listed in Middle East and Africa decreased by 1.03% during April 2018 to reach US$37.92 Bn at the end of the month. (All dollar values in USD unless otherwise noted.)

Highlights 

·      Assets invested in ETFs/ETPs listed in Middle East and Africa saw net outflows of $365 Mn during April 2018, to reach $37.92 Bn

·         Year-to-date, ETFs and ETPs listed in Middle East and Africa saw net outflows of $1.72 Bn

According to ETFGI’s April Middle East and Africa ETF and ETP industry insights report, an annual paid-for research subscription service, assets invested in ETFs/ETPs listed in Middle East and Africa decreased $2.05 Bn during 2018.

ETF and ETP asset growth as at end of April 2018: Middle East and Africa

April 2018 marked 7th consecutive month of net outflows into ETFs/ETPs listed in Middle East and Africa. During 2018 ETFs/ETPs listed in Middle East and Africa saw net outflows of $1.72 Bn; 56.13% more than net outflows for the same period in 2017.

The majority of these outflows can be attributed to the top 20 ETFs by net outflows, which collectively have suffered $432 Mn during 2018. The NewGold ETF (QLD SJ) on its own accounted for net outflows of $184 Mn.

Top 20 ETFs by net outflows: Middle East and Africa

Source: ETFGI data sourced from ETF/ETP sponsors, exchanges, regulatory filings, Thomson Reuters/Lipper, Bloomberg, publicly available sources and data generated in-house.Note: This report is based on the most recent data available at the time of publication. Asset and flow data may change slightly as additional data becomes available.

Similarly, the top 10 ETPs by net outflows collectively gathered $1.12 Bn year-to-date.

 
Top 10 ETPs by net outflows: Middle East and Africa

Source: ETFGI data sourced from ETF/ETP sponsors, exchanges, regulatory filings, Thomson Reuters/Lipper, Bloomberg, publicly available sources and data generated in-house.Note: This report is based on the most recent data available at the time of publication. Asset and flow data may change slightly as additional data becomes available.

Fixed Income ETFs/ETPs listed in Middle East and Africa suffered net outflows of $127 Mn in April, bringing net outflows for 2018 to $528 Mn. Equity ETFs and ETPs experienced net outflows of $126 Mn in April, bringing net outflows for 2018 to $693 Mn.

South-African commodity products suffered the most with NewGold ETF (GLD SJ) and NewPalladium ETF (NGPLD SJ) topping the list for net outflows.

ETFGI - Independent ETFs / ETPs Research and Consultancy Firm

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