MutualFundWire.com: $8.1 Trillion and Counting

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Tuesday, January 2, 2024

$8.1 Trillion and Counting

Watch for the final 2023 AUM numbers to reflect a 24.6 percent increase from 2022, at least according to a prediction from the folks at an industry research firm.

Deborah "Debbie" Fuhr
ETFGI / ETF TV
Managing Partner, Founder, Owner / Co-Founder

On Friday, Debbie Fuhr, managing partner at ETFGI, revealed her team's estimate that the U.S. ETF industry would close out 2023 with a record of more than $8.1 trillion in AUM. That's up from $6.5 trillion at the end of 2022.

The ETFGI team also forecast that worldwide ETF AUM would end 2023 at a new record of more than $11.5 trillion. That would make U.S. ETF AUM about 70.4 percent of total worldwide ETF AUM.

Worldwide ETF AUM in 2023 was up more than 24 percent from $9.26 trillion at the end of 2022, the ETFGI team predicted. And they predict 2023 year-end figures will show more than $938 billion in 2023 ETF inflows worldwide, the second highest ever (after $1.29 trillion in 2021.)

December 2023 was expected to be the global ETF industry's 55th consecutive month of inflows.

Printed from: MFWire.com/story.asp?s=66872

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