ETFGI reports assets invested in ETFs/ETPs listed in Europe reached a new record of 539 billion US dollars at the end of July 2016
ETFGI reports assets invested in ETFs/ETPs listed in Europe reached a new record of 539 billion US dollars at the end of July 2016
Source: ETFGI data sourced from ETF/ETP sponsors, exchanges, regulatory filings, Thomson Reuters/Lipper, Bloomberg, publicly available sources and data generated in-house. Note: “ETFs” are typically open-end index funds that provide daily portfolio transparency, are listed and traded on exchanges like stocks on a secondary basis as well as utilising a unique creation and redemption process for primary transactions. “ETPs” refers to other products that have similarities to ETFs in the way they trade and settle but they do not use a mutual fund structure. The use of other structures including grantor trusts, partnerships, notes and depositary receipts by ETPs can create different tax and regulatory implications for investors when compared to ETFs which are funds.
LONDON — August 30, 2016 — ETFGI, the leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported assets invested in ETFs/ETPs listed in Europe reached a new record of US$539 billion at the end of July 2016. The European ETF/ETP industry ended the month with 2,220 ETFs/ETPs, with 6,957 listings, assets of US$539 billion, from 54 providers listed on 25 exchanges in 21 countries according to ETFGI’s July 2016 global ETF and ETP industry insights report.
Record levels of assets were also reached at the end of July for ETFs/ETPs listed globally at US$3.343 trillion, in the United States at US$2.367 trillion, in Japan at US$191.82 Bn and in Canada which reached US$81.19 Bn.
“Investor confidence returned during July after the surprising result of June’s Brexit vote. The S&P 500 was up 3.7% in July. Developed markets outside the U.S. gained 5.1% and emerging markets were up 4.8%." according to Deborah Fuhr, managing partner at ETFGI.
Net inflows gathered by ETFs/ETPs in July were strong with US$9.40 Bn representing the largest month of asset gathering during 2016 and marking the 22nd consecutive month of net inflows, according to ETFGI’s July 2016 global ETF and ETP industry insights report. Fixed income ETFs/ETPs gathered the largest net inflows with US$4.80 Bn, followed by commodity ETFs/ETPs with US$2.59 Bn, and equity ETFs/ETPs with US$2.20 Bn.
YTD, ETFs/ETPs listed in Europe have gathered net inflows of US$31.73 Bn which is below the US$48.17 Bn gathered at this point in 2015. Fixed income ETFs/ETPs gathered the largest and a record level of YTD net inflows with US$22.41 Bn, followed by commodity ETFs/ETPs which have gathered a record level of YTD net inflows of US$10.13 Bn, while equity ETFs/ETPs experienced net outflows YTD with US$2.02 Bn.
iShares gathered the largest net ETF/ETP inflows in July with US$6.94 Bn, followed by SPDR ETFs with US$1.12 Bn and ETF Securities with US$1.08 Bn net inflows.
iShares gathered the largest net ETF/ETP inflows YTD with US$19,83 Bn, followed by ETF Securities with US$4.02 Bn and SPDR ETFs with US$2.92 Bn net inflows.
In July, 15 new ETFs/ETPs were launched by 5 providers and 1 ETF/ETP was closed.
Please visit our website www.etfgi.com to register for future updates and to find ETFGI Press Releases on ETF/ETP industry trends, daily postings of some of the top articles from financial publications around the world in the Industry News tab, details of upcoming Events, monthly videos on industry trends in Views, our twitter feed @etfgi, and to use our directory of firms in theETF Ecosystem. You are invited to join our group "ETF Network" on Linkedin. Please contact deborah.fuhr@etfgi.com if you would like to discuss subscribing to ETFGI’s research or consulting services.
Attribution Policy: The information contained herein is proprietary. The media is welcome to use our information and ideas, provided that the following sourcing is included: ETFGI the leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, based in London, England. Deborah Fuhr, Managing Partner, co-founder, ETFGI websitewww.etfgi.com.
About ETFGI
ETFGI the leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem. Launched in 2012 by Deborah Fuhr and partners in London the firm offers paid for research subscription services: the ETFGI annual research service provides monthly reports on trends in the global ETF and ETP industry, access to the ETFGI database of all ETFs/ETPs listed globally with factsheets which are updated monthly, ETFGI annual review of institutions and mutual funds that use ETFs and ETPs, the Active ETF landscape report and the Smart Beta ETF Landscape report.
Deborah Fuhr is the managing partner and co-founder of ETFGI, she previously served as global head of ETF research and implementation strategy and as a managing director at BlackRock/Barclays Global Investors from 2008 – 2011. Fuhr also worked as a managing director and head of the investment strategy team at Morgan Stanley in London from 1997 – 2008, and as an associate at Greenwich Associates.
Below is a link to a video which provides overviews of our website.
· ETFGI Website Tour (7 minutes)
ETFs are typically open-ended, index-based funds, with active ETFs accounting for 1.1% market share. They can be bought and sold like ordinary shares on a stock exchange and offer broad exposure across developed, emerging and frontier markets, equities, fixed income and commodities. ETFs are used widely by institutional investors and increasingly by financial advisors and retail investors to:
• equitize cash
• implement diversified exposure to a market
• comprise a core or satellite investment
• be a long term strategic investment
• implement tactical adjustments to portfolios
• use as building blocks to create entire portfolios
• allow investors to hedge the market
• use as an alternative to futures and other derivative products
Exchange Traded Products (ETPs) are products that have similarities to ETFs in the way they trade and settle but do not use an open-end fund structure. The use of other structures including unsecured debt, grantor trusts, partnerships, and commodity pools by ETPs can, in addition to a significantly different risk profile, create different tax and regulatory implications for investors when compared to ETFs, which are funds.
Contact:
Deborah Fuhr
Managing Partner
ETFGI
Mobile: +44 777 5823 111
Email: deborah.fuhr@etfgi.com
Web: www.etfgi.com
Twitter: @deborahfuhr
LinkedIn: ETF Network
LinkedIn: Women In ETFs