Highlights : Assets under management in European ETFs hit a new all-time high (€631.2 bn) in 2017….
By Detlef Glow, Head of EMEA research at Thomson Reuters Lipper
Equity ETFs (+€62.8 bn) were the asset type with the highest net inflows in the European ETF industry over the course of 2017.
Equity US (€97.3 bn) was the peer group with the highest assets under management at the end of December 2017.
The bestselling Lipper global classification over the course of 2017 was Equity Global (+€11.8 bn), followed by Equity US (+€10.7 bn) and Equity Eurozone (+€8.3 bn).
iShares (€294.9 bn) accounted for 46.72% of the overall assets under management, far ahead of the number-two promoter—Xtrackers (€68.1 bn)—and the number-three promoter—Lyxor ETF (€64.2 bn).
iShares, with net sales of €34.6 bn, was the bestselling ETF promoter in Europe, followed at a distance by Xtrackers (+€11.2 bn) and Lyxor ETF (+€10.9 bn).
The ten bestselling funds gathered total net inflows of €18.9 bn for 2017.
iShares Core S&P 500 UCITS ETF USD (Acc) (€21.5 bn) was the largest individual ETF by assets under management for 2017.
iShares JP Morgan EM Local Government Bond UCITS ETF (+€2.8 bn) was the bestselling individual ETF for 2017.
The average total expense ratio for ETFs in Europe stood at 0.32% on average at the end of December 2017.