Thomson Reuters Lipper ETF Highlights : The promoters of ETFs enjoyed net inflows of €4.2 bn for July……
By Detlef Glow, Head of EMEA research at Thomson Reuters Lipper
The assets under management in the European ETF industry, €677.5 bn, increased during July, up from €662.0 bn at the end of June 2018.
Bond ETFs (+€2.5 bn) posted for July the highest net inflows of the European ETF industry.
The best selling Lipper global classification for July was Equity US (+€2.2 bn), followed by Bond Emerging Markets Global in Hard Currencies (+€0.5 bn) and Mixed-Asset USD Balanced-Global (+€0.3 bn).
iShares was the best selling ETF promoter in Europe for July (+€2.0 bn), well ahead of Amundi ETF (+€0.7 bn) and Vanguard Group (+€0.6 bn).
The ten best selling funds gathered total net inflows of €3.1 bn for July.
The best selling ETF for July, iShares Core S&P 500 UCITS ETF EUR Hdg, accounted for net inflows of €0.4 bn or 9.63% of the overall net inflows.