ETFWorld.fr

ETP Landscape: November surge in equity etp flows propels 2014 asset gathering to new annual record

– Global ETPs attracted $40.1bn to lift year-to-date asset gathering into record territory at $267.9bn, with investors returning to equities after October’s stock market correction boosted fixed income…


Marchioni Ursula – Head of ETP Research EMEA at iShares


– US equities brought in $36.1bn concentrated in large cap funds as the outlook for the U.S. economy improved and slowing global growth led to accommodative central bank activity in other regions
– Japanese equity ETPs listed in the U.S. and Europe accumulated $4.1bn in response to announcements of expanded stimulus and GPIF equity purchases, though Japan-listed funds saw offsetting outflows following a significant stock rally
– The start of ECB bond purchases, and commitment to further action should inflation fail to adjust upward, helped European fixed income inflows reach $2.0bn, predominantly in investment grade corporate debt
– China’s surprise interest rate cut in a bid to support economic growth was welcomed by the market and brought an uptick in flows for US and European-listed ETPs, though the outflow streak for China-listed funds extended into a third month

Source: ETFWorld.fr