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.

Tags: , , , , , , , ,

Leave a Comment



More in ETF and Index News
Heather Fischer, vice president, ETF and mutual fund platforms, Charles Schwab
ETF allocations up 70% over five years, finds Charles Schwab

The importance of ETFs within an average investor's portfolio has increased substantially over the past five years, according to the 7th annual survey...

Twelve new ETFs listed on London Stock Exchange in August 2017
Twelve new ETFs listed on London Stock Exchange in August 2017

Twelve new ETFs were listed on London Stock Exchange in August 2017, bringing the number of new listings year-to-date to 89. ETF issuers...

Close