ETF FUM reaches $30.9b
The Australian exchange traded fund (ETF) industry has reached $30.9 billion in funds under management (FUM) thanks to three quarters of the growth coming from net new money ($644.1 million), according to BetaShares.
BetaShares’ August ETF report found this was an increase of 2.2 per cent ($842 million) on the previous month.
BetaShares found the category with the highest level of inflows was global equities, receiving net inflows of $350 million, despite the rest of the year having seen strong inflows into Australian equities. Australian bonds continued to receive robust inflows with investors remaining cautious on the Australian share market.
Gold miners and resources ETFs provided investors with the best performance for the month.
BetaShares managing director, Alex Vynokur, said: “Pushing past the $30 billion assets under management milestone is a good landmark for the industry – it’s great to see that investors are seeing the value that ETFs deliver”.
“This support is an unequivocal sign of increasing investor understanding and demand for ETF products,” he said.
“The bounce back of gold and the performance of resources in the ETF market, despite investor caution on Australian equities more broadly, reflects the Australian ETF industry’s ability to remain versatile.”
Recommended for you
Schroders has appointed a new chief executive as Simon Doyle steps down from the asset manager after 22 years.
Distribution of private credit funds through advised channels to retail investors will be an ASIC priority for 2026 as it releases the results of its thematic fund surveillance and guidance for research houses.
State Street Investment Management has taken a minority stake in private market secondaries manager Coller Capital with the pair set to collaborate on broaden each firm’s reach and drive innovation.
BlackRock Australia plans to launch a Bitcoin ETF later this month, wrapping the firm’s US-listed version which is US$85 billion in size.
