4th Trackinsight Global ETF Survey 2023 Results Now Available

Paris, France - Investors’ appetite for actively managed ETFs is one of the main lessons learned from the 4th Global ETF survey conducted by Trackinsight in partnership with J.P. Morgan Asset Management and State Street. 

The full results report, available for free on trackinsight.com, provides valuable insights from over 500 institutional investors, asset managers, fund advisors, private bankers, who collectively manage nearly $900 billion of assets with ETFs.

Key findings:

• Investors’ interest in ETFs remains high despite a slowdown of inflows in 2022 (falling from $1.2 trillion to $782 billion). Respectively 56% and 40% of respondents planned to increase their allocation to Equity and Fixed Income ETFs in the next 2-3 years.
• In Europe, investors mainly mention low fees as the primary motivation to use ETFs. In the Americas, high liquidity and tax efficiency are also two fundamental aspects of ETF popularity.
• Investors are increasingly open to active strategies; the percentage of respondents already using active ETFs is higher than ever, and switching from mutual funds to active ETFs is trending. Nearly 80% of respondents in the Americas stated they would be more inclined to invest in an active strategy if packaged as an ETF rather than a mutual fund.
• Thematic investing for diversification and long-term bet; More than 40% of respondents anticipate an increase in their allocation over the next few years. For the first time, diversification was cited as the primary reason to consider thematic investing, followed closely by strategic allocation. 
• Investors continue to consider ESG investing but ask for more transparency. On average, 30% of respondents planned to pour more assets into ESG ETFs in the coming years, driven by Europe-based investors, but they remain cautious about greenwashing issues.   
• ETFs have a role to play in democratizing access to Crypto; Investors show a strong interest in Crypto solutions (single and multi-cryptocurrencies strategies), even in the Americas where spot ETPs are yet to be authorized. Using ETPs wrappers instead of wallets would ease the access to this market.

"We are excited to release the Global ETF Survey 2023 in collaboration with our partners, J.P. Morgan Asset Management and State Street," said Philippe Malaise, CEO and founder of Trackinsight. "This report offers an in-depth analysis of the ETF market, and the survey's findings will provide investors with valuable insights into the industry's trends and outlook."

“The momentum in the ETF market shows no sign of letting up, and this survey provides an important view of the trends fueling this growth," said Travis Spence, Head of EMEA ETF Distribution at J.P. Morgan Asset Management. “Zooming in even further, an active ETF revolution is underway, with nearly 70% of global ETF buyers predominantly using active ETFs for equity, fixed income and thematic exposures. It’s critical that we understand the drivers of value and investor perspectives as we move forward on this journey."

"We are proud to be a sponsor of the Global ETF Survey 2023 as it provides powerful data for our clients and amplifies the broader trends, we are seeing in the ETF market," said Ciarán Fitzpatrick, Head of ETF Solutions of State Street in Europe. "Overall, the survey findings validate our recently published research ‘2023 Outlook for ETFs: Innovation and Growth Continues’ which touches on many key ‘megatrends’ we are observing from our perch as the largest global servicer of exchange traded funds."

Besides the complete report, Trackinsight and its partners are pleased to provide extra content, including thought leadership articles and weekly updated industry league tables, accessible at no cost on trackinsight.com. 

Download the 2023 Global ETF Survey here.

Read the full press release here.

About Trackinsight

Trackinsight is a leading platform for ETP selection and analysis, offering investors a range of tools to assess and compare ETFPs listed globally. With over 9,000 ETPs covered, Trackinsight provides detailed information on each fund, including holdings, fees, performance, and risk characteristics. The platform is used by institutional investors, financial advisors, and private investors to make informed investment decisions.

Media Contacts details

Trackinsight:  

Julien Scatena julien.scatena@trackinsight.com

JP Morgan Asset Management: 

Anoushaa Massouleh anoushaa.massouleh@jpmorgan.com

State Street:

Michel Chau mchau@statestreet.com