ETFGI reported today assets invested in ETFs/ETPs listed in Europe reached a new record high of US$620 billion at the end February 2017 surpassing the prior record of US$599 billion set at the end of January 2017……
Deborah Fuhr, Managing Partner at ETFGI
ETFs/ETPs listed in Europe gathered US$12.40 Bn of net new assets in February marking the 30th consecutive month of net inflows, according to preliminary data from ETFGI’s February 2017 global ETF and ETP industry insights report (click here to view the ETFGI European listed ETF/ETP asset growth chart).
Record levels of assets under management were reached at the end of February 2017 for ETFs/ETPs listed globally at US$3.844 trillion, in the United States at US$2.758 trillion, in Europe at US$620 billion, in Asia Pacific ex Japan at US$136 billion, Japan at US$198 billion and in Canada at US$91 billion.
At the end of February 2017, the European ETF/ETP industry had 2,233 ETFs/ETPs, with 7,025 listings, assets of US$620 Bn, from 58 providers listed on 25 exchanges in 21 countries.
“The US equity market performed strongly in February with the S&P 500 up 3.97% and the DJIA was up 5.17%. International equity markets continued to perform well in February with the S&P Developed Ex-U.S. BMI up 1.42% while the S&P Emerging BMI was up 3.46%. There are significant upcoming political and economic events that investors will be watching in Europe in the next two months: the first round of the French election, a Dutch general election, the beginning of the U.K.’s “Brexit” negotiations and, officials from the EU and the IMF are once again locked in negotiations over the Greek bailout,” according to Deborah Fuhr, managing partner and co-founder of ETFGI.
ETFs and ETPs listed in Europe gathered net inflows of US$12.40 Bn in February. Year to date, net inflows stand at US$24.01 Bn, a record YTD level. At this point last year there were net inflows of US$5.85 Bn.
Equity ETFs/ETPs gathered net inflows of US$7.13 Bn in February, bringing year to date net inflows to US$14.60 Bn a record YTD level, which is greater than the net outflows of US$1.39 Bn over the same period last year.
Fixed income ETFs and ETPs experienced net inflows of US$2.55 Bn in February, growing year to date net inflows to US$4.83 Bn, which is greater than the same period last year which saw net inflows of US$3.01 Bn.
Commodity ETFs/ETPs accumulated net inflows of US$1.97 Bn in February. Year to date, net inflows are at US$3.38 Bn compared to net inflows of US$3.39 Bn over the same period last year.
iShares gathered the largest net ETF/ETP inflows in February with US$3.89 Bn, followed by Lyxor AM with US$2.56 Bn and Amundi ETF with US$1.68 Bn net inflows.
YTD, iShares gathered the largest net ETF/ETP inflows with US$7.19 Bn, followed by Lyxor AM with US$3.71 Bn and Amundi ETF with US$2.40 Bn net inflows.