ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today that assets invested in ETFs/ETPs listed in Europe reached a new record of US$686 billion at the end of first half of 2017….
Deborah Fuhr, Managing Partner at ETFGI
At the end of June 2017, the European ETF/ETP industry had 2,286 ETFs/ETPs, with 7,227 listings, assets of US$686 Bn, from 60 providers listed on 27 exchanges in 22 countries.
“Equity markets have performed well in the first half of 2017: the S&P 500 gained 9.34%, international equity markets outside the US were up 14.27% and emerging markets were up 16.69%. Political risks remain a focus for investors – the ability of the Trump administration to move forward on policy goals and hearings on Capitol Hill, Brexit negotiations, and North Korea is still an area of concern.” According to Deborah Fuhr, managing partner at ETFGI.
ETFs and ETPs listed in Europe gathered net inflows of US$10.61 Bn in June marking the 34th month of consecutive net inflows. Year to date, net inflows stand at record level of US$63.85 Bn which is significantly above the US$22.57 Bn at this point last year and significantly above the US$55.69 Bn gathered in all of 2016.
Equity ETFs/ETPs gathered net inflows of US$4.58 Bn in June, bringing year to date net inflows to a record level of US$36.85 Bn, which is significantly greater than the net outflows of US$3.98 Bn over the same period last year.
Fixed income ETFs and ETPs experienced a record level of US$4.64 Bn in net inflows in June, growing year to date net inflows to US$17.05 Bn, which is slightly less than the same period last year which saw net inflows of US$17.67 Bn.
Commodity ETFs/ETPs accumulated net inflows of US$672 Mn in June. Year to date, net inflows are at US$6.95 Bn, compared to net inflows of US$7.53 Bn over the same period last year.
iShares gathered the largest net ETF/ETP inflows in June with US$3.30 Bn, followed by Xtrackers with US$1.44 Bn and Lyxor AM with US$1.38 Bn net inflows.
YTD, iShares gathered the largest net ETF/ETP inflows YTD with US$19.58 Bn, followed by Lyxor AM with US$7.70 Bn and UBS ETFs with US$7.50 Bn net inflows.