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European ETF assets return to positive inflows


ETF data provider ETFGI reports that assets invested in ETFs and ETPs listed in Europe increased by 2.13 per cent during July 2018 to reach USD827 billion at the end of the month.

The increase followed five months of assets declining from a high of USD858 billion at the end of January to a low of USD810 billion at the end of June.

Year-to-date, assets have increased by 3.17 per cent from USD802 billion at the end of 2017. In July 2018, ETFs/ETPs listed in Europe saw net inflows of USD4.60 billion.

ETFGI reports that at the end of July 2018, the European ETF/ETP industry had 2,320 ETFs/ETPs, with 7,845 listings, assets of USD828 billion, from 66 providers on 27 exchanges.

In July 2018, ETFs/ETPs listed in Europe saw net inflows of USD4.60 billion. Fixed income products gathered the largest net inflows with USD2.74 billion, while commodity ETFs/ETPs experienced the largest net outflows with USD1.11 billion. Year-to-date through end of July, ETFs/ETPs listed in Europe have seen net inflows of USD37.0 billion. Equity products gathered the largest net inflows with USD24.7 billion, while leveraged ETFs/ETPs experienced the largest net outflows with USD829 million.

ETFGI says that investors have tended to invest in core, market cap and lower cost ETFs during 2018, with the iShares Core S&P 500 UCITS ETF (CSSPX SW) and iShares Core MSCI EM IMI UCITS ETF (EMIM LN) capturing flows of USD2.19 billion and USD1.67 billion, respectively. A high proportion of net inflows year-to-date can be attributed to the top 20 ETFs by net new assets, which collectively gathered USD17.6 billion.

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