ETFGI reports assets invested in the European ETF and ETP industry reached a new record US$859.51 billion at the end of March 2019

Press release

LONDONApril 11, 2019 — ETFGI, a leading independent research and consultancy firm covering trends in the global ETF/ETP ecosystem, reported today that ETFs and ETPs listed in Europe gathered net inflows of US$6.10 billion in March, bringing year-to-date net inflows to US$31.59 billion, more than the US$27.27 Bn gathered at this point last year. Assets invested in the European ETF/ETP industry finished the month up 1.09%, from US$850.28 billion at the end of February, to US$859.51 billion, according to ETFGI's March 2019 European ETF and ETP industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)

Highlights

  • April 11th marks the 19th anniversary of the listing of the first ETF in Europe
  • Assets invested in the European ETF/ETP industry reach $859.51 Bn in March 2019, the highest on record.
  • Assets invested in the European ETF/ETP industry have risen 11.95% year-to-date.
  • 54th consecutive month of net inflows into ETFs/ETPs listed in Europe.

“Markets appear to have returned to the relative calm they had grown accustomed to over the past few years. Returns for developed indices decelerated in March, as the effects of more cautious and accommodative central bank policies lose steam. The S&P 500 finished March up 1.94%, with year-to-date returns of 13.65%, marking its best quarter since ‘09. The S&P Europe 350 rose 0.92% in March, as economic data from the region continues to send mixed signals, bringing year-to-date returns to 10.90%. The Topix 150 in Japan was up 0.32% in March, bringing year-to-date returns of 7.96%. Emerging & Frontier returns continued to outpace developed markets. The S&P Emerging BMI and Frontier BMI finished March up 1.74% and 1.37%, bringing year to date returns to 10.45% and 8.82%, respectively.” according to Deborah Fuhr, managing partner and founder of ETFGI.

April 11th marks the 19th anniversary of the listing of the first ETFs in Europe.  European Exchange Traded Fund Company launched two listed diversified return securities (LDRS) on the Deutsche Borse. These funds are co-managed by Merrill Lynch and track the Dow Jones Euro Stoxx 50 and Stoxx 50 indexes.

At the end of March 2019, the European ETF/ETP industry had 2,327 ETFs/ETPs, from 69 providers listed on 29 exchanges. Following net inflows of $6.10 Bn and market moves during the month, assets invested in the European ETF/ETP industry increased by 1.09% from $850.28 Bn at the end of February, to $859.51 Bn.

Growth in European ETF and ETP assets as of the end of March 2019

 

Equity ETFs/ETPs listed in Europe saw net outflows of $846.49 Mn in March, bringing net inflows for 2019 to $10.18 Bn, substantially less than the $22.49 Bn in net inflows equity products had attracted by the end of March 2018. Fixed income ETFs/ETPs listed in Europe attracted net inflows of $6.58 Bn in March, bringing net inflows for 2019 to $19.91 Bn, considerably greater than the $3.46 Bn in net inflows fixed income products had attracted by the end of March 2018.

Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $7.97 Bn in March, the iShares Core € Corp Bond UCITS ETF (IEBC LN) gathered $1.26 Bn alone.

Top 20 ETFs by net new assets March 2019: Europe

Name

Ticker

Assets
(US$ Mn)
 Mar-19

NNA
(US$ Mn)
 YTD-19

NNA
(US$ Mn)
 Mar-19

iShares Core € Corp Bond UCITS ETF

IEBC LN

10,538

2,026

1,263

iShares Core MSCI World UCITS ETF

IWDA LN

16,553

921

865

iShares J.P. Morgan EM Local Govt Bond UCITS ETF

SEML LN

9,017

2,284

787

iShares Edge MSCI USA Quality Factor UCITS ETF

IUQA LN

602

480

459

iShares € High Yield Corp Bond UCITS ETF

IHYG LN

6,678

1,074

429

iShares Core MSCI EM IMI UCITS ETF

EMIM LN

12,755

1,273

367

iShares J.P. Morgan $ EM Bond UCITS ETF

SEMB LN

7,911

1,213

364

iShares € Corp Bond 1-5yr UCITS ETF

IE15 LN

4,676

784

354

iShares $ High Yield Corp Bond UCITS ETF

IHYU LN

3,488

760

330

SPDR MSCI World UCITS ETF

SPPW GY

318

316

316

iShares Global High Yield Corp Bond UCITS ETF

HYLD LN

907

378

300

iShares $ Treasury Bond 1-3yr UCITS ETF

IBTA LN

1,457

428

293

SPDR MSCI Europe Consumer Staples ETF

STS FP

403

206

269

SPDR Barclays 0-3 Year Euro Corporate Bond UCITS ETF

SYBD GY

2,277

407

247

iShares US Mortgage Backed Securities UCITS ETF

SMBS LN

650

312

244

Vanguard FTSE 250 UCITS ETF

VMID LN

1,547

536

238

iShares Core S&P 500 UCITS ETF

CSSPX SW

31,588

(894)

217

iShares Core S&P 500 UCITS ETF (GBP)

GSPX NA

1,079

309

217

PIMCO Euro Short Maturity ETF

PJS1 GY

2,032

(444)

213

iShares € Corp Bond Large Cap UCITS ETF

IBCS GY

4,221

445

194

https://etfgi.com/sites/default/files/styles/feature_image/public/source_3.png?itok=sw3zyEon 

The top 10 ETPs by net new assets collectively gathered $327.43 Mn in March, the Xtrackers Physical Gold GBP Hedged ETC (XGLS LN) gathered $63.57 Mn alone.


Top 10 ETPs by net new assets March 2019: Europe

Name

      Ticker

Assets
(US$ Mn)
 
Mar-19

NNA
(US$ Mn)
YTD 2019

NNA
(US$ Mn)

Mar-19

Xtrackers Physical Gold GBP Hedged ETC

XGLS LN

131

69

64

ETFS WTI Crude Oil

CRUD LN

683

50

62

Xetra Gold EUR

4GLD GY

8,015

453

37

Xtrackers Physical Gold Euro Hedged ETC

XAD1 GY

1,790

(60)

34

ETFS GBP Daily Hedged Physical Gold (GBSP)

GBSP LN

294

113

30

ETFS Short USD Long EUR

XBJQ GY

73

29

24

ETFS Long JPY Short USD

LJPY LN

23

23

22

ETFS Nickel

NICK LN

525

16

22

iShares Physical Gold ETC

SGLN LN

4,428

36

20

ETFS Coffee

COFF LN

98

30

14

https://etfgi.com/sites/default/files/styles/feature_image/public/source_3.png?itok=sw3zyEon

 

Investors have tended to invest in large cap equity/fixed income ETFs in March.

Please contact [email protected] if you would like to discuss the cost to subscribe to any of 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 is a leading independent research and consultancy firm covering trends in the global ETF/ETP ecosystem, based in London, England. Deborah Fuhr, Managing Partner, 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 covering the global ETF industry. 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. 
 
https://gallery.mailchimp.com/551a1415abdf7c25dbc1a66fe/images/2b72e5ff-c1dc-4f4a-b58d-1374ffe80a33.jpg  2019 ETFs Global Markets Roundtable events

Registrations are open for our 2019 series of the ETFs Global Markets Roundtables in New York on  May 21, 2019, Metropolitan Club, New York, London on June 12, 2019, The Waldorf Hilton, London, Toronto on September 24, 2019, Vantage Venues, Toronto and Hong Kong in Oct 2019.  The draft agendas are further information on the events are available at www.etfsglobalmarkets.com 

The events were created by Ari Burstein, President, Capital Markets Strategies and Deborah Fuhr, Managing Partner and Founder, ETFGI. The first conference was held in 2017 in New York and expanded in 2018 to 4 events in New York, London, Toronto, and Hong Kong.

The events are designed to be interesting, educational, engaging and relevant forums for substantive discussion of capital markets, business, technological and regulatory developments in the markets impacting ETFs in the respective jurisdictions.

Qualified traders, portfolio managers, Chief Investment officers, ETF strategists, fund selectors at family offices, pension funds, insurance companies, hedge funds, asset managers, endowments, foundations, financial advisors, robos, wire houses and online brokerage firms can register to attend at no cost at www.etfsglobalmarkets.com

Please contact us if you have any questions or are interested in discussing sponsorship and speaking opportunities.

We look forward to seeing you at one of our events.

ETFGI SERVICES 
ETFGI currently offers the following subscription services: 

New Service: ETFGI Global ESG ETFs and ETPs Landscape report

  • ETFGI Basic Global ETFs and ETPs research service 
  • ETFGI Global Institutional Users of ETFs and ETPs Landscape report 
  • ETFGI Global Active ETF ETFs and ETPs Landscape report 
  • ETFGI Global Smart Beta Equity ETF ETFs and ETPs Landscape report 
  • ETFGI Global Currency Hedged ETFs and ETPs Landscape report 
  • ETFGI Global Leverage and Inverse ETFs and ETPs Landscape report 
  • ETFGI Global EM and FM ETFs and ETPs Landscape report 
  • ETFGI China ETFs and ETPs Landscape report 
  • ETFGI Trends in ETF Adoption by fund platforms in the UK report 
  • Custom reports and analysis 
  • ETFGI Weekly Newsletter – Premium 
  • ETFGI Weekly Newsletter (free subscription - register at www.etfgi.com
  • ETFs Global Markets Roundtable events 2019 

https://gallery.mailchimp.com/551a1415abdf7c25dbc1a66fe/images/873134b1-6263-4fb5-ba9e-d7a75dd6f833.jpg  ETFGI is supporting Jobs in ETFs, the first website for careers and recruitment in the ETF industry.

Please contact us at [email protected] if you would like further information on our services.

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 the ETF.com’s 2018’s Lifetime Achievement Award, 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” the first women’s group for the ETF industry. Founded in January 2014, WE is a non-profit organization that brings together over 4,700 members, including women and men, in chapters in major financial centres around the world to CONNECT, SUPPORT and INSPIRE. WE achieves this by organizing events at our chapters globally that support our goals of education, networking, philanthropy and idea sharing across the industry and beyond. For more information, visit: www.womeninetfs.com

Contact: 
Deborah Fuhr 
Managing Partner, Founder 
ETFGI 
Mobile: +44 777 5823 111 
Email: [email protected] 
Web: www.etfgi.com 
Connect on:
Deborah Fuhr on Linkedin and twitter:   https://gallery.mailchimp.com/551a1415abdf7c25dbc1a66fe/images/84bae20f-e551-4a5c-9e3d-f91408b10d1c.pnghttps://gallery.mailchimp.com/551a1415abdf7c25dbc1a66fe/images/8a5872d8-de0a-4f30-a3d9-120885251016.png    
ETFGI on Linkedin and twitter:  https://gallery.mailchimp.com/551a1415abdf7c25dbc1a66fe/images/84bae20f-e551-4a5c-9e3d-f91408b10d1c.pnghttps://gallery.mailchimp.com/551a1415abdf7c25dbc1a66fe/images/8a5872d8-de0a-4f30-a3d9-120885251016.png   
ETF Network on Linkedin: https://gallery.mailchimp.com/551a1415abdf7c25dbc1a66fe/images/84bae20f-e551-4a5c-9e3d-f91408b10d1c.png 
Women in ETFs Linkedin (group and company) and twitter: https://gallery.mailchimp.com/551a1415abdf7c25dbc1a66fe/images/84bae20f-e551-4a5c-9e3d-f91408b10d1c.pnghttps://gallery.mailchimp.com/551a1415abdf7c25dbc1a66fe/images/8a5872d8-de0a-4f30-a3d9-120885251016.png