The latest European ETF Market Review from Thomson Reuters Lipper shows that assets under management in the European ETF industry increased from €473.5 bn for July to a new all-time high of €480.5 bn at the end of August….
Review of European ETF Market August 2016 – Thomson Reuters Lipper
The assets under management in the European ETF industry increased from €473.5 bn for July to a new all-time high of €480.5 bn at the end of August. The increase of €7.0 bn for August was mainly driven by new sales (+€4.7 bn), while the performance of the underlying markets contributed €2.3 bn to the overall growth in assets under management in the ETF segment.
Bond ETFs (+€2.9 bn) posted the highest net inflows for August.
The best selling Lipper global classification for August was Equity Emerging Markets Global (+€1.3 bn), followed by Equity US (+€0.8 bn) and Bond USD Corporates (+€0.5 bn).
iShares, with net sales of €2.2 bn, maintained its position as the best selling ETF promoter in Europe, followed by UBS ETF (+€1.2 bn) and Amundi ETF (+€0.5 bn).
The ten best selling funds gathered total net inflows of €3.5 bn for August.
UBS ETF – MSCI EMU UCITS ETF (EUR) A-acc (+ €0.6 bn), was the best selling individual ETF for August.