Investor choice increased in January as ETF providers launched 37 new funds, a record for a month.
ESG was the subject of 19 of the new ETFs in both the equity and fixed income categories.
The market leaders in terms of net inflows were Horizon, Vanguard, and RBC iShares with $1.2bn, $991m, and $976m respectively. But outside the top 10 providers, it was Hamilton, Scotiabank and Arrow Capital that saw the biggest inflows as a percentage of starting assets.
RBC continues to lead iShares AUM ($96.7bn), followed by BMO ($82.2bn), and Vanguard ($39.7bn). These three providers have a combined market share of over 68%, with RBC iShares alone holding 30.3%.