European ETF growth robust as YTD inflows reach $61.6bn

Oct 21st, 2015 | By | Category: ETF and Index News

Latest statistics from London-based exchange-traded fund consultancy ETFGI show that the European exchange-traded product market continues to display strong growth, with net new assets, as of 30 September 2015, reaching $61.6bn year-to-date (YTD). This number is just shy of the full year record of $61.8bn recorded in 2014.

European ETF growth robust, net inflows reach $61.6bn YTD

Equity and fixed income ETFs attracted the most demand with net flows of $36.1bn and $20.2bn YTD.

Despite global volatility levels remaining high during September, $2bn was added in net new assets under management (AUM).

During September, equity ETFs/ETPs were most in demand, pulling in $1.3bn in net flows. Fixed income ETFs/ETPs attracted $456m while commodity ETFs/ETPs experienced net outflows of $274m.

Equity ETFs/ETPs have remained popular in Europe throughout the year, gathering net inflows of $36.1bn YTD, followed by fixed income with $20.2bn while commodities drew in $811m.

iShares have been the most successful gatherer of new assets this year, netting $795m during September and $21.7bn for the year as a whole. Other successful gatherers in September included UBS ETFs with $621m and Source with $363m net inflows.

Db x-trackers secured second place after iShares for greatest assets gathered YTD, attracting $9.4bn. Lyxor AM ($8.2bn), UBS ETFs ($7.1bn), and Vanguard ($3.4bn) have also had reasonable success this year.

As of the end of September, the European ETF/ETP industry had 2,145 ETFs/ETPs with a cumulative total of $480bn in AUM. These are being provided through 6,582 listings, from 49 providers listed on 25 exchanges in 21 countries.

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