AdvisorShares Active ETF Market Share Update – Week Ending 1/8/2016
Assets in actively managed ETFs increased last week by $20.691 million, or just under 10 basis points, to $22.948 billion. There were no new funds launched last week, which leaves the overall count at 137.
Although the overall growth was small, there were were some large moves beneath the surface. iShares had positive flows of $87 million but net growth of $65 million due to last week’s large decline in equities. PIMCO had positive flows of $59 million and overall growth of $69 million, thanks to favorable conditions in the markets that their funds target. WBI had almost no asset flows either way but had a net $51 million contraction, again due to market conditions.
At the strategy level, Short Term Bond had positive flows of $142 million, while Global Bond had flows of $44 million and overall growth of $58 million. Not surprisingly, equities were hit hard. Domestic Equities had $20 million in outflows with an overall contraction of $60 and Foreign Equity actually had a positive fund flow of $2 million but shrunk by $5 million due to declines in the market.
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