ETFs listed in Europe gather a record $72.6bn, according to ETFGI

Dec 10th, 2015 | By | Category: ETF and Index News

European-listed exchange-traded funds and exchange-traded products have gathered a record $72.6bn in net new assets as of the end of November 2015. This figure is well above the previous year-to-date (YTD) record of $61.5bn set in 2014.

ETFs listed in Europe gather a record $72.6bn, according to ETFGI

European ETF inflows climbed to $72.6bn, representing a 18% increase on the record set YTD through end of November 2014.

Net inflows of $4.0bn for November marks the 14th consecutive month of positive net inflows in Europe. This came against the backdrop of what was a relatively benign market in terms of performance. “Global markets were mostly down in November, developed markets outside the US declined 1%, emerging markets ended down 3% while the Dow Jones Industrial Average and the S&P 500 ended up less than 1%,” according to Deborah Fuhr, managing partner at ETFGI.

By asset class, equity ETFs gathered the largest net inflows with $2.8bn in November, followed by fixed income ETFs/ETPs with $925m, while commodity ETFs/ETPs saw no net change in flows.

Equity ETFs have also gathered the largest net inflows YTD with $42.3bn, followed by fixed income ETFs/ETPs with $24.9bn, and commodity ETFs/ETPs with net inflows of $1.2bn.

iShares accumulated the lion’s share of assets during November with net inflows of $2.1bn, followed by Vanguard with $381m and Deutsche Asset & Wealth Management (Deutsche AWM) with $364m.

So far this year iShares has gathered the largest net inflows with $28.7bn, followed by Deutsche AWM with $10.3bn, Lyxor AM with $8.6bn, UBS ETFs with $7.5bn, Vanguard with $4.2bn, Source with $3.9bn and Amundi ETF with $3.6bn in net inflows.

In the first eleven months of 2015 record levels of net new assets have been gathered by ETFs/ETPs listed globally with net inflows of $319.3bn marking a 15% increase over the prior record set during the first eleven months of 2014. In the United States net inflows reached $201.7bn, which is 5% higher than the prior record set last year, in Canada net inflows at $11.4bn are up 10.7% over the prior record set in 2012. In Japan, YTD net inflows were up 210% on the prior record set in 2013, standing at $33.7bn at the end of November 2015.

The European ETF/ETP industry had 2,198 ETFs/ETPs, with 6,714 listings, assets of $503.5bn, from 51 providers listed on 25 exchanges in 21 countries at the end of November.

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