ESG ETFs Have Second Highest Quarterly Inflows04.25.2022
ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported that Environmental, Social, and Governance (ESG) ETFs and ETPs listed globally gathered net inflows of US$7.00 billion during March, bringing year to date net inflows to US$24.88 Bn which is much lower than the US$53.48 Bn gathered at this point last year. Total assets invested in ESG ETFs and ETPs increased by 3.2% from US$378 billion at the end of February 2022 to US$390 billion, according to ETFGI’s March 2022 ETF and ETP ESG industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)
- Assets of $390 Bn invested in ESG ETFs listed globally at the end of March 2022 are the 2nd highest.
- Assets decreased 0.03% YTD in 2022, going from $390.098 Bn at the end of 2021 to $389.997 Bn.
- Q1 net inflows of $24.88 Bn are the second highest on record, after 2021 Q1 net inflows of $53.48 Bn.
- $131 Bn in net inflows gathered in the past 12 months.
- 39th month of consecutive net inflows.
- ESG Equity ETFs and ETPs gathered $5.45 Bn in net inflows in March.
“The S&P 500 increased by 3.71% in March but is down 4.60% in Q1. Developed markets excluding the US, increased by 1.10% in March but are down 5.57% in Q1. Australia (up 10.46%) and Portugal (up 6.50%) experienced the largest increases amongst the developed markets in March. Emerging markets decreased by 2.27% during March and are down 6.52% in 2022. Egypt (down 14.31%) and China (down 8.34%) witnessed the largest declines among emerging markets in March, whilst Brazil (up 14.51%) and Colombia (up 11.98%) gained the most.” According to Deborah Fuhr, managing partner, founder and owner of ETFGI.
Since the launch of the first ESG ETF/ETP in 2002, the iShares MSCI USA ESG Select ETF, the number and diversity of products have increased steadily. There were 1004 ESG ETFs/ETPs listed globallt, with 2,895 listings, assets of $390 Bn, from 193 providers listed on 40 exchanges in 32 countries.
Following net inflows of $7.00 Bn and market moves during the month, assets invested in ESG ETFs/ETPs listed globally increased by 3.2% from $378 Bn at the end of February 2022 to $390 Bn at the end of March 2022.
Substantial inflows can be attributed to the top 20 ETFs/ETPs by net new assets, which collectively gathered
$6.30 Bn in March. iShares Global Clean Energy UCITS ETF (INRG LN) gathered $722 Mn, the largest individual net inflow.
The issuer has recently rolled out funds in Australia and on SIX Swiss Exchange.
The digital asset manager invested in crashed stablecoin Luna from its own balance sheet.
AXA IM Prime would be led by Pascal Christory, currently AXA Group Chief Investment Officer.
State Street, Paxos and Credit Suisse completed a pilot of same day settlement.
Symphony CEO Brad Levy spoke about navigating a 'supercycle' of changes.