The promoters of ETFs enjoyed net inflows (+€6.6 bn) for September. This was a significant increase compared to the net inflows of €3.1 bn for August but still below the rolling 12-month average of €6.7 bn.....
By Detlef Glow, Head of EMEA research at Thomson Reuters Lipper
The overall net inflows into ETFs in Europe stood at €67.8 bn for the year 2017 so far.
The assets under management in the European ETF industry (€598.7 bn) increased for September, up from €581.6 bn at the end of August.
Equity ETFs (+€5.9 bn) posted the highest net inflows of the European ETF industry for September.
The best selling Lipper global classification for September was Equity Eurozone (+€1.3 bn), followed by Equity Emerging Markets Global (+€1.0 bn) and Equity Sector Financials (+€0.9 bn).
iShares was the best selling ETF promoter in Europe for September (+€3.7 bn), far ahead of Amundi ETF (+€1.1 bn) and Lyxor ETF (+€1.1 bn).
The ten best selling funds gathered total net inflows of €2.7 bn for September.
The best selling ETF for September, iShares Core MSCI World UCITS ETF USD (Acc), accounted for net inflows of €0.5 bn or 7.43% of the overall net inflows.