ETFGI reports assets invested in ETFs/ETPs listed in Europe were 556 billion US dollars at the end of November 2016
ETFGI reports assets invested in ETFs/ETPs listed in Europe were 556 billion US dollars at the end of November 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 — December 22, 2016 — ETFGI, the leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, today reported assets invested in ETFs/ETPs listed in Europe were US$556 billion down from the record high US$567 Bn reached at the end of Q3 2016. Net flows gathered by ETFs/ETPs in November were US$3.59 Bn of net new assets gathered during the month marking the 27th consecutive month of net inflows, according to preliminary data from ETFGI’s November 2016 global ETF and ETP industry insights report.
Record levels of assets under management were reached at the end of November for ETFs/ETPs listed globally at US$3.445 trillion, in the United States at US$2.471 trillion and in Canada at US$83.4 billion.
“The US market had a good month in November with the S&P 500 up 3.7% and the DJIA increased 5.9%. The strong dollar caused currency headwinds for international markets International equity markets. The S&P Developed Ex-U.S. BMI declined 1.8% while the S&P Emerging BMI was down 4.7%. In Europe S&P Europe 350 gained 1.24% in November, with almost all the gains attributable to the U.K. pound rising faster than the British stock market fell. During November the VIX declined dramatically by 21.9%” according to Deborah Fuhr, co-founder and managing partner at ETFGI.
At the end of November 2016, the European ETF/ETP industry had 2,228 ETFs/ETPs, with 7,023 listings, assets of US$556 Bn, from 56 providers listed on 25 exchanges in 21 countries.
ETFs and ETPs listed in Europe gathered net inflows of $3.59 Bn in November. Year to date, net inflows stand at $50.51 Bn. At this point last year there were net inflows of $72.64 Bn.
Equity ETFs/ETPs gathered net inflows of $7.81 Bn in November, bringing year to date net inflows to
$11.89 Bn, which is less than the net inflows of $42.27 Bn over the same period last year.
Fixed income ETFs and ETPs experienced net outflows of $3.82 Bn in November, reducing year to date net inflows to $23.70 Bn, which is less than the same period last year which saw net inflows of $24.92 Bn.
Commodity ETFs/ETPs saw net outflows of $398 Mn in November. Year to date, net inflows are at
$12.70 Bn, compared to net inflows of $1.21 Bn over the same period last year.
BNP Paribas Easy gathered the largest net ETF/ETP inflows in November with US$1.54 Bn, followed by Vanguard with US$883 Mn and Source with US$718 Mn net inflows.
YTD, iShares gathered the largest net ETF/ETP inflows YTD with US$28.53 Bn, followed by ETF Securities with US$5.22 Bn and SPDR ETFs with US$4.61 Bn net inflows.
Record levels of assets under management were reached at the end of November for ETFs/ETPs listed globally at US$3.445 trillion, in the United States at US$2.471 trillion and in Canada at US$83.4 billion.
“The US market had a good month in November with the S&P 500 up 3.7% and the DJIA increased 5.9%. The strong dollar caused currency headwinds for international markets International equity markets. The S&P Developed Ex-U.S. BMI declined 1.8% while the S&P Emerging BMI was down 4.7%. In Europe S&P Europe 350 gained 1.24% in November, with almost all the gains attributable to the U.K. pound rising faster than the British stock market fell. During November the VIX declined dramatically by 21.9%” according to Deborah Fuhr, co-founder and managing partner at ETFGI.
At the end of November 2016, the European ETF/ETP industry had 2,228 ETFs/ETPs, with 7,023 listings, assets of US$556 Bn, from 56 providers listed on 25 exchanges in 21 countries.
ETFs and ETPs listed in Europe gathered net inflows of $3.59 Bn in November. Year to date, net inflows stand at $50.51 Bn. At this point last year there were net inflows of $72.64 Bn.
Equity ETFs/ETPs gathered net inflows of $7.81 Bn in November, bringing year to date net inflows to
$11.89 Bn, which is less than the net inflows of $42.27 Bn over the same period last year.
Fixed income ETFs and ETPs experienced net outflows of $3.82 Bn in November, reducing year to date net inflows to $23.70 Bn, which is less than the same period last year which saw net inflows of $24.92 Bn.
Commodity ETFs/ETPs saw net outflows of $398 Mn in November. Year to date, net inflows are at
$12.70 Bn, compared to net inflows of $1.21 Bn over the same period last year.
BNP Paribas Easy gathered the largest net ETF/ETP inflows in November with US$1.54 Bn, followed by Vanguard with US$883 Mn and Source with US$718 Mn net inflows.
YTD, iShares gathered the largest net ETF/ETP inflows YTD with US$28.53 Bn, followed by ETF Securities with US$5.22 Bn and SPDR ETFs with US$4.61 Bn net inflows.
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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)
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.
• 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
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