ETFGI reports that assets invested in ETFs and ETPs listed in Europe gathered net inflows of US$2.96 billion during August

LONDON — September 28, 2018 — ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today that that assets invested in ETFs and ETPs listed in the Europe gathered net inflows of US$2.96 billion during August 2018. Total assets increased to US$835 billion at the end of August 2018, up 0.91% from US$828 billion at the end of July, according to ETFGI’s August 2018 Europe ETF and ETP industry landscape insights report, an annual paid-for research subscription service.  (All dollar values in USD unless otherwise noted.)
 
Highlights

  • Assets invested in ETFs/ETPs listed in Europe increased by 0.91% during August 2018 to $835 Bn.
  • In August 2018, ETFs/ETPs listed in Europe saw net inflows of $2.96 Bn.
  • Year-to-date, assets have increased by 4.12% from $802 Bn at the end of 2017.
  • Marks the 46th consecutive month of net inflows into ETFs/ETPs listed in Europe.

“On August 22, 2018 the S&P 500 marked its longest bull market -  3,453 days, without a bear market - a 20% drop from the index’s 52-week high. August was a strong month for U.S. equities with economic strength and strong corporate earnings pushing the S&P 500 to reach record highs and gain 3.26% during the month and up 9.94% year to date.  Most non-US markets suffered declines during August due to investors’ concerns over trade tensions, Brexit, currency crises and a fear of contagion.  Developed markets ex US declined 1.44% in August while up 0.46% YTD, EM markets were down 3.51% and are down 0.81% YTD and Frontier markets were down 4.50% and are down 1.66% YTD.” according to Deborah Fuhr, managing partner and a founder of ETFGI.
At the end of August 2018, the Europe ETF/ETP industry had 2,324 ETFs/ETPs, with 7,893 listings, from 67 providers on 26 exchanges. Due to net inflows and market moves the assets invested in ETFs/ETPs listed in the Europe increased by 0.91%, from $828 Bn in July 2018 to $835 Bn.
 
European ETF and ETP asset growth as at end of August 2018
 

 
Equity based ETFs/ETPs attracted the largest net inflows during August with $3.37 Bn, bringing net inflows for 2018 to $27.90 Bn, less than the $45.16 Bn in net inflows at this point last year.
 
Fixed income ETFs/ETPs gathered net inflows of $615 Mn during August, bringing net inflows for 2018 to $9.20 Bn, considerably less than the $22.12 Bn in net inflows at this point last year.
 
Commodity based ETFs/ETPs experienced net outflows of $860 Mn during August, bringing net inflows for 2018 to $2.62 Bn, less than the $7.47 Bn in net inflows at this point last year.
 
A high proportion of net inflows during August can be attributed to the top 20 ETFs by net new assets, which collectively gathered $4.93 Bn. The Vanguard S&P 500 UCITS ETF (VUSA LN) saw net inflows of $678 Mn, the largest in August.
 
Top 20 ETFs by net new assets August 2018: Europe
 

Name Ticker Assets
(US$ Mn)
 Aug-18
ADV
(US$ Mn)
Aug-18
NNA
(US$ Mn)
YTD 2018
NNA
(US$ Mn)
Aug-18
Vanguard S&P 500 UCITS ETF VUSA LN  25,924  9  2,334  678
iShares $ Floating Rate Bond UCITS ETF Acc FLOA LN  936  2  935  655
iShares Core S&P 500 UCITS ETF CSSPX SW  31,247  8  2,793  600
iShares Core MSCI World UCITS ETF IWDA LN  15,492  17  1,265  354
iShares MSCI Europe UCITS ETF EUR (Dist) IMEU LN  5,264  1  (401)  321
Xtrackers MSCI USA Swap UCITS ETF XMUS GY  3,348  0  264  276
UBS ETF (LU) MSCI Canada UCITS ETF (CAD) A-dis CANCDA SW  1,131  1  706  178
iShares S&P 500 EUR Hedged UCITS ETF (Acc) IUSE LN  4,564  3  1,128  173
iShares $ Treasury Bond 7-10yr UCITS ETF IBTM LN  2,859  1  808  168
BNP Paribas Easy S&P 500 UCITS ETF EUR Hedged Cap. ESEH FP  560  2  289  165
Xtrackers S&P 500 Swap UCITS ETF D5BM GY  4,308  1  1,213  158
Xtrackers DAX UCITS ETF XDAX GY  4,516  8  87  158
Lyxor EUR 2-10Y Inflation expectations UCITS ETF INFL FP  1,550  0  294  135
Invesco Bloomberg Commodity UCITS ETF (EUR) CMOE IM  137  (0)  135  135
iShares EURO STOXX UCITS ETF (DE) SXXEEX GY  1,907  9  (262)  131
SciBeta HFE Europe Equity 6F EW UCITS ETF EHEF LN  207  0  178  131
Lyxor MSCI World Health Care TR UCITS ETF - C-USD HLTW LN  219  0  141  130
Xtrackers MSCI World Health Care Index UCITS ETF XDWH GY  516  0  216  130
iShares $ TIPS 0-5 UCITS ETF TP05 LN  982  1  570  130
Lyxor UCITS ETF EURO CASH CSH FP  1,031  1  395  122



The top 10 ETPs by net new assets collectively gathered $484 Mn by the end of August 2018. 

Top 10 ETPs by net new assets August 2018: Europe

Name        Ticker Assets
(US$ Mn)
 Aug-18
ADV
(US$ Mn)
Aug-18
NNA
(US$ Mn)
YTD 2018
NNA
(US$ Mn)
Aug-18
Xtrackers Physical Gold Euro Hedged ETC XAD1 GY  1,724  1  231  132
ETFS Nickel NICK LN  388  0  278  87
ETFS Physical Gold PHAU LN  5,826  9  90  80
ETFS Agriculture DJ-UBSCISM AIGA LN  341  0  109  63
Invesco Gold ETC SGLD LN  4,063  4  (276)  63
Boost EURO STOXX 50 3x Short Daily ETP 3EUS LN  34  0  27  17
Boost US Large Cap 3x Short Daily ETP 3USS LN  29  0  11  11
Xtrackers Physical Gold ETC XGLD LN  771  2  64  11
ETFS Coffee COFF LN  85  0  30  11
ETFS Energy DJ-UBSCISM AIGE LN  123  0  25  9



Investors have tended to invest in International market cap and lower cost ETFs in August.
 
Please contact deborah.fuhr@etfgi.com if you would like to discuss the cost to subscribe to any of ETFGI’s research or consulting services.
 

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Less than 2 weeks left to register for the ETFs Global Markets Roundtable  organised by ETFGI and Capital Markets Strategies on October 9th in Hong Kong from 8:30am – 5pm at Ernst & Young Group Limited, 22/F CITIC Tower, 1 Tim Mei Avenue, Central, Hong Kong

 

Free registration is available for investment advisors, as well as buyside traders, portfolio managers and fund selectors. Standard registration rate is available for everyone else: Click here

 

Speakers will include:

  • Jürgen Blumberg, Head of Capital Markets EMEA, Invesco
  • Ari Burstein, President, Capital Markets Strategies
  • Grace Chong, Senior Associate, Herbert Smith Freehills
  • Deborah Fuhr, Moderator, Managing Partner, ETFGI LLP
  • Trevor Lee, Director, Investment Products, Securities and Futures Commission
  • Matthew Mark, Director - Asset Owners Distribution, World Gold Council
  • Frank Mohr, Global Head ETF Sales Trading, Commerzbank
  • Andrew Naylor, Director - Central Bank & Public Policy Team, World Gold Council
  • Viktor Östebo, Head of Institutional Trading, Flow Traders Asia
  • Jacqueline Pang, Head of Capital Markets – APAC, State Street Global Advisors
  • Eric Pollackov, Global Head of ETF Capital Markets, Invesco
  • Brain Roberts, Senior Vice President, Head of Exchange Traded Products, Hong Kong Exchanges and Clearing Limited
  • Antoine de Saint Vaulry, Head of ETF Trading, APAC, Citi
  • Cindy Shek, Partner, King & Wood Mallesons
  • Rebecca Sin, Head of ETF Sales Trading, Asia, Commerzbank
  • Anuradha Thakur, Joint Secretary, Department of Investment and Public Asset Management, Ministry of Finance, Government of India

Conference sessions will include: • Fireside Chat on ETF Policy and Regulatory Issues • Impact of Regulatory Developments on ETFs • Exchange and market maker panel • Overview of Trends Impacting the ETF Industry • How to Increase the Use of ETFs by Institutional Investors and Financial Advisors in Asia Pacific

 

ETFs Global Markets Roundtable conference is designed to provide the opportunity for institutional investors and financial advisors, as well as other market participants, to hear from regulators, leading ETF issuers, major brokers, stock exchanges, law firms and others about regulatory, liquidity, pricing, trading, and technological developments impacting the use and trading of ETFs, and the impact that ETFs have on the markets and market structure. The ETFs Global Markets Roundtable events are a series of conferences organised by ETFGI and Capital Markets Strategies.

If you are interested in sponsoring or speaking at our upcoming events in 2019 or have any questions, please contact Deborah Fuhr at deborah.fuhr@etfgi.com

 

To view the agendas, speakers and sponsors for our prior events in 2018 please click on the city name below:

London      April 19, 2018
New York   May 15, 2018
Toronto      May 31, 2018
 
Schedule of upcoming conferences in 2019
EMEA (London) - March / April 2019
US/Latin America (New York) - May 2019
Canada (Toronto) - June 2019
APAC (Hong Kong) - October 2019



                                                                

ETF University: global markets updates 
October 1st, Royal Lancaster London, 8:00 - 8:50 am.

Deborah Fuhr takes the stage, sharing the ins-outs of the changing ETF landscape.  
ETFGI clients receive a 20% discount off registration for the conference. Note the event is free for portfolio managers, financial advisors and the press. Please click here using the code FKF2247ETFGI to receive the ETFGI discount.

Women in ETFs Breakfast
October 2nd, Royal Lancaster, London, 7:45 - 8:45 am.
Fireside chat with Robyn Laidlow, Head of UK Distribution at Vanguard, followed by presentation from Olivia Seddon-Daines, Diversity Research Analyst, New Financial.  
Click here to register

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The information contained herein is proprietary. The media is welcome to use our information and ideas, provided that the following sourcing is included: ETFGI is a leading independent research and consultancy firm covering trends in the global ETF/ETP ecosystem, based in London, England. Deborah Fuhr, Managing Partner, co-founder, ETFGI website www.etfgi.com
 
About ETFGI 
ETFGI is an independent research and consultancy firm launched in London offering consulting services and paid for research subscription services. Deborah Fuhr is the Managing Partner and a founder of ETFGI.  Our services are unique in their breadth and depth of coverage in  monthly reports covering each region of the world where ETFs, ETPs are listed, a monthly directory and monthly fact sheets along with a database covering all global products plus you receive insights from us. Visit www.etfgi.com to learn more. 

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About Deborah Fuhr 

Previously Deborah Fuhr served as global head of ETF research and implementation strategy and as a managing director at BlackRock/Barclays Global Investors from 2008 – 2011. She 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. 
 
She has been working with investors, ETF, ETP providers, index providers, exchanges, MMs and APs, regulators, trade associations, custodians, law firms, accounting firms around the world since 1997. 

ETFGI is honored to count as our research and consulting clients some of the leading firms in the ETF Ecosystem around the world as well as some new entrants and firms that are considering entering the ETF, ETP industry. 
 
Past awards for Ms Fuhr include she was the recipient of the 100 Women in Finance 2017 European Industry Leadership Award, the 2014 William F. Sharpe Lifetime Achievement Award for outstanding contributions to the field of index investing and she named one of the “100 Most Influential Women in Finance” by Financial News over several years, most recently in 2016. 
 
Deborah Fuhr is a founder and board member of Women in ETFs “WE” a not for profit organization to connect, support and inspire Women and Men in the ETF ecosystem. WE has over 4,200 members in chapters around the world.  www.womeninetfs.com
 
Contact: 
Deborah Fuhr 
Managing Partner 
ETFGI 
Mobile: +44 777 5823 111 
Email: deborah.fuhr@etfgi.com 
Web: www.etfgi.com 
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