ETFGI Press Release June 2014: Europe
According to ETFGI: ETFs and ETPs listed in Europe reached US$470 billion in assets, a new record high, at the end of Q2 2014
LONDON - July 7th, 2014 - ETFs and ETPs listed in Europe gathered US$5.76 Bn in net new assets in June and US$32.1 Bn YTD, which outpaces the previous high of US$20.5 Bn at this point in 2011. Net flows combined with positive market performance during H1 2014 pushed assets in the European ETF/ETP industry to a new record high of US$470 Bn invested in 2,059 ETFs/ETPs, with 6,227 listings, from 50 providers listed on 25 exchanges, according to preliminary data from ETFGI’s end H1 2014 Global ETF and ETP industry insights report.
The ETF/ETP industry in most countries and regions reached new record highs in assets at the end of Q2 2014, including: globally US$2.64 trillion; in the United States US$1.86 trillion; in Asia Pacific ex Japan US$96.7 Bn; in Japan US$90.1 Bn; in Canada US$65.7 Bn and in the Middle East and Africa US$43.5 Bn.
“In June investors invested almost all net new money into equity exposures with the US and emerging markets being the preferred allocations. The S&P 500 index ended up 7% at the end of Q2 2014, closing at an all-time high (1963) on June 20th. Internationally, developed markets gained 2% and emerging markets are up 4%. The positive equity market performance has helped to improve investor confidence during the first half of 2014.” according to Deborah Fuhr, Managing Partner at ETFGI.
At the end of Q2 ETFs/ETPs had gathered a record level of US$32.1 Bn in net inflows nearly surpassing the full year record inflows of US$33.3 Bn gathered in 2012. YTD equity ETFs/ETPs gathered the largest net inflows with US$18.5 Bn, followed by fixed income with US$12.3 Bn, while commodity ETFs/ETPs had net outflows of US$427 Mn.
YTD iShares has gathered US$12.9 Bn, the largest net inflows, followed by Lyxor with US$3.55 Bn, UBS GAM with US$3.35 Bn, Source with US$3.13 Bn and Vanguard with US$2.76 Bn in net inflows.
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