North American equity ETFs see strong inflows in March

Apr 11th, 2017 | By | Category: Equities

Amundi has reported that North American equity ETFs listed globally have recorded strong inflows of €21 billion in March, amounting to 41% of total equity ETF flows during the month, and a continuation of the trend seen thus far in 2017.

North American equity ETFs see strong inflows in March reports Amundi

ETFs with exposure to North America equities have seen €48bn inflows YTD, with the majority coming from US-listed ETFs.

Year to date, global ETFs targeting exposure to North American equities have seen positive flows of €48bn, representing 35% of globally-listed equity ETF inflows.

Other notable inflows in March were for ETFs targeting global or Japanese equity exposure; however, large discrepancies in net inflows were recorded between different listing regions. For example, global equity ETFs accounted for 23% of total US-listed equity ETF inflows, 14% of Europe-listed equity ETF inflows but just 1% of total equity ETF flows in Asia.

European investors showed a preference for sector and smart beta ETFs, with 30% of all European-listed equity ETF inflows going to these categories, compared to 8% for US-listed ETFs and only 1% for Asia-listed ETFs. For Europe-listed ETFs information technology and real estate were the top gathering sectors for the month with approximately €408 million and €270m gathered in net new assets respectively. Small-cap ETFs were the most popular smart beta play, attracting €370m.

ETFs with exposure to emerging markets also displayed disparity among regions as Europe-listed and US-listed emerging markets ETFs saw inflows of €1bn and €4bn respectively, while Asia-listed ETFs saw outflows of €1bn.

Fixed income ETFs saw total inflows of €12bn in March, comprised of €9bn in US-listed ETFs, €3bn into Europe-listed ETFs, and flows into Asia-listed ETFs flat. US investors showed a preference for sovereign debt and ETFs that track aggregate indices, while European investors favoured corporate debt. In Europe, emerging market government debt once again led the government debt category with €1bn inflows, followed by US inflation linked bonds with €180m.

Tags: , , , , , , , ,

Leave a Comment

More in Equities
Equities India ETFs
WisdomTree predicts multi-year bull market in Indian equities

By WisdomTree’s economic research team. We recently spoke with Ridham Desai, who heads Morgan Stanley’s India Equity Research. Desai recently made headlines when...

US Equity ETFs: US corporates can ride out eurozone crisis
Point Bridge to launch “make America great again” ETF

Texas-based Point Bridge Capital is to launch the Point Bridge GOP Stock Tracker ETF (MAGA), whose ticker code stands for “make America great...