The independent research and consultancy firm on trends in the global ETF/TTP ecosystem ETFGI has reported that ETFs/ETPs listed in Europe gathered US$5 billion in net new asset in June 2016 which marks the 21 months of consecutive net inflows, according to preliminary data from ETFGI’s June 2016 global ETF and ETP industry insights report.
ETFGI asset growth chart for Europe listed ETFs/ETPs Source: ETFGI data sourced from ETF/ETP sponsors
At the end of June 2016, the European ETF/ETP industry had 2,206 ETFs/ETPs, with 6,920 listings, assets of US$529 Billion, from 53 providers listed on 25 exchanges in 21 countries.
Deborah Fuhr, ETFGI
According to Deborah Fuhr, managing partner at ETFGI:
Markets and investors around the world were engulfed in the chaos following what many saw as the unexpected result of the UK’s June 23rd vote. Volatility was up significantly during the month. The S+P 500 index was up just 0.3%. Emerging markets were up 3.94% while developed markets ex-US declined 2.87%.There is still uncertainty in the markets due to questions on when and how Brexit changes will be implement and the many changes happening in UK political parties.”
In June 2016, ETFs/ETPs listed in Europe gathered net inflows of US$5.00 Billion. Equity ETFs/ETPs gathered the largest net inflows with US$2.17 Billion, followed by fixed income ETFs/ETPs with US$1.47 Billion, and commodity ETFs/ETPs with US$1.24 Billion.
YTD, ETFs/ETPs have seen net inflows of US$22.34 Billion which is significantly below the US$40.15 Billion gathered at this point last year. Fixed income ETFs/ETPs gathered have gathered the largest and a record level of US$17.62 Billion in YTD net inflows, followed by commodity ETFs/ETPs with a record level US$7.54 Billion YTD net inflows, while equity ETFs/ETPs experienced net outflows YTD with US$4.21 Billion.
iShares gathered the largest net ETF/ETP inflows in June with US$2.19 Billion, followed by Vanguard with US$752 Mn and Lyxor AM with US$626 Million net inflows.
YTD, iShares gathered the largest net ETF/ETP inflows with US$12.90 Billion, followed by ETF Securities with US$2.94 Billion and SPDR ETFs with US$1.80 Billion net inflows.