ETFGI reported that that assets invested in ETFs and ETPs listed in Europe increased by 2.13% during July 2018 to reach US$827 billion at the end of the month…..
By Deborah Fuhr, Managing Partner at ETFGI
(All dollar values in USD unless otherwise noted.)
The increase followed 5 months of assets declining from a high of US$858 billion at the end of January to a low of US$810 billion at the end of June. (All dollar values in USD unless otherwise noted.)
Assets invested in ETFs/ETPs listed in Europe increased by 2.13% during July 2018 to reach $827 Bn.
Year-to-date, assets have increased by 3.17% from $802 Bn at the end of 2017.
In July 2018, ETFs/ETPs listed in Europe saw net inflows of $4.60 Bn.
According to ETFGI’s July 2018 Europe ETF and ETP industry insights report, an annual paid-for research subscription service, assets have increased by 3.17% year-to-date, from $802 Bn at the end of 2017. At the end of July 2018, the European ETF/ETP industry had 2,320 ETFs/ETPs, with 7,845 listings, assets of $828 Bn, from 66 providers on 27 exchanges.
European ETF and ETP asset growth as at end of July 2018
In July 2018, ETFs/ETPs listed in Europe saw net inflows of $4.60 Bn. Fixed income products gathered the largest net inflows with $2.74 Bn, while commodity ETFs/ETPs experienced the largest net outflows with $1.11 Bn. Year-to-date through end of July, ETFs/ETPs listed in Europe have seen net inflows of $37.0 Bn. Equity products gathered the largest net inflows with $24.7 Bn, while leveraged ETFs/ETPs experienced the largest net outflows with $829 Mn.
“The S&P 500 gained 3.72%, international markets ex-US were up 1.93% and emerging markets up 2.81%. Investors are still concerned about the impact of trade wars and Brexit,” according to Deborah Fuhr, managing partner and a founder of ETFGI.
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 $2.19 Bn and $1.67 Bn, 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 $17.6 Bn.
Top 20 ETFs by YTD net inflows: Europe
iShares Core S&P 500 UCITS ETF
iShares Core MSCI EM IMI UCITS ETF
Vanguard S&P 500 UCITS ETF
Xtrackers S&P 500 Swap UCITS ETF
iShares Automation & Robotics UCITS ETF
iShares S&P 500 Information Tech Sector UCITS ETF
iShares S&P 500 EUR Hedged UCITS ETF (Acc)
iShares Core MSCI World UCITS ETF
iShares NASDAQ 100 UCITS ETF
iShares $ Treasury Bond 3-7yr UCITS ETF
iShares $ Treasury Bond 7-10yr UCITS ETF
iShares JP Morgan $ EM Bond EUR Hgd UCITS ETF (Dist)
AMUNDI ETF MSCI Emerging Markets UCITS ETF
UBS ETF (IE) MSCI USA hd EUR UCITS ETF (EUR) A-acc
Vanguard FTSE All-World UCITS ETF
SPDR S&P 500 UCITS ETF
iShares S&P 500 Health Care Sector UCITS ETF
BNP Paribas Easy S&P 500 UCITS ETF USD C
Lyxor S&P 500 UCITS ETF – D-USD
iShares Italy Govt Bond UCITS ETF
Source: ETFGI data sourced from ETF/ETP sponsors, exchanges, regulatory filings, Thomson Reuters/Lipper, Bloomberg, publicly available sources and data generated in-house.Note: This report is based on the most recent data available at the time of publication. Asset and flow data may change slightly as additional data becomes available.
Similarly, the top 20 ETPs by net new assets collectively gathered $3.59 Bn year-to-date during 2018.
Top 20 ETPs by YTD net inflows: Europe
Xtrackers Physical Gold ETC (EUR)
iShares Physical Gold ETC
Xetra Gold EUR
Xtrackers Physical Gold Euro Hedged ETC
ETFS Industrial Metals DJ-UBSCISM
ETFS Long JPY Short EUR
ETFS Physical Swiss Gold
Xtrackers Brent Crude Oil Booster EUR Hgd ETC
Xtrackers Physical Platinum Euro Hedged ETC
Xtrackers Physical Gold ETC
ETFS EUR Daily Hedged Forward All Commodities
ETFS Agriculture DJ-UBSCISM
Boost FTSE 250 1x Short Daily ETP
ETFS 5x Short USD Long EUR
Boost WTI Oil 3x Short Daily GBP ETP
UBS ETC Composite USD
Xtrackers Energy Booster Euro Hedged ETC
Xtrackers Physical Silver Euro Hedged ETC
SG ETC Natural Gas +3x Daily Lev Collateralized