Europe-listed ETFs/ETPs gather $10.2bn in net new assets during July

Aug 18th, 2017 | By | Category: ETF and Index News

Exchange-traded funds and exchange-traded products listed in Europe gathered net inflows of $10.2bn in July, marking the 33rd month of consecutive inflows for the region, according to data from ETF industry consultant ETFGI.

Europe-listed ETFs/ETPs gather $10.2bn in net new assets during July

ETFs and ETPs listed in Europe gathered net inflows of $10.2bn in July 2017.

Year to date (YTD), net inflows stand at a record $74.0bn which is more than double the net inflows of $31.7bn at this point last year and more than the record $55.7bn gathered in all of 2016.

YTD through end of July 2017, ETF/ETP assets have increased by $127bn (22.2%) from $573bn to reach a new record $700bn, as strong equity market performance helped to boost total assets.

“Most equity markets continued to see gains in July,”said Deborah Fuhr, managing partner at ETFGI. “The S&P 500 gained 2% with Telecom and Info Tech the top performing sectors, up 6% and 4%, respectively. International equities, and especially emerging markets, were up 3% and 6%, respectively.”

Equity ETFs/ETPs received net inflows of $6.3bn in July, bringing YTD net inflows to a record $43.1bn, which is greater than the net outflows of $1.7bn over the same period last year.

Fixed income ETFs/ETPs experienced net inflows of $2.8bn in July, growing YTD net inflows to $19.8bn, which is less than the same period last year which saw net inflows of $22.2bn.

Commodity ETFs/ETPs accumulated net inflows of $810 million in July. YTD, net inflows are at $7.7bn, which is below the net inflows of $10.1bn gathered over the same period last year.

iShares gathered the largest net ETF/ETP inflows in July with $4,5bn, followed by Xtrackers with $1,8bn and UBS ETFs with $1,8bn.

YTD, iShares gathered the largest net ETF/ETP inflows with $24.1bn, followed by UBS ETFs with $9.3bn and Lyxor AM with $8.8bn.

At the end of July 2017, the European ETF/ETP industry had 2,292 ETFs/ETPs, with 7,252 listings, from 60 providers listed on 27 exchanges in 21 countries.

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