Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

European ETFs attract record $74bn in first half

European ETFs attract record $74bn in first half

Inflows into European exchange traded funds (ETFs) and products (ETPs) reached a record $74 billion (£57.4 billion) year-to-date, more than double the net inflow at this point last year, according to research firm ETFGI.

Year through to the end of July 2017, ETF/ETP assets have increased by 22.2% from $573 billion to reach a new record $700 billion.

‘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.’

She added: ‘Political risks remain a focus for investors - the ability of the Trump administration to move forward on policy goals and hearings on Capitol Hill, Brexit negotiations, and North Korea is still an area of concern.’

Equity ETFs/ETPs received net inflows of $6.25 billion in July, bringing year-to-date net inflows to a record $43.10 billion. Net outflows from the sector were $1.7 billion over the same period last year.

iShares gathered the largest net ETF/ETP inflows in July with $4.49 billion, followed by Xtrackers with $1.82 billion and UBS ETFs came in third with $1.79 billion net inflows.

Year-to-date iShares gathered the largest net ETF/ETP inflows $24.08 billion, followed by UBS ETFs with $9.3 billion and Lyxor Asset Management with $8.8 billion net inflows.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Liontrust ESG head says sustainable investment doesn't mean low return

Liontrust ESG head says sustainable investment doesn't mean low return

Peter Michaelis talks about ethical investment growth and where he sees future opportunites.

Play Are platforms the biggest barrier to wealth manager ETF take-up?

Are platforms the biggest barrier to wealth manager ETF take-up?

Citywire hosted a roundtable discussion to find out how and if wealth managers are using ETFs in their clients' portfolios and the challenges they face trading through different platforms.

Play SVM's Veitch on what's next for banks

SVM's Veitch on what's next for banks

SVM fund manager Neil Veitch is finding value in what he describes as unstable financials and talks through his favourite small caps.

Read More
Your Business: Cover Star Club

Profile: UBS' robo boss on what his tween can teach the industry

Profile: UBS' robo boss on what his tween can teach the industry

Co-head of UBS SmartWealth Shane Williams explains the simple life lessons missed by the first wave of robo pioneers

Wealth Manager on Twitter