ETFGI: European ETPs keep posting record results
ETFs/ETPs listed in Europe have gathered a record $68.6bn in net new assets as of the end of October 2015, 11% above the record level of $61.8bn of net new assets gathered in all of 2014, according to ETFGI.
This marks the 13th consecutive month of positive net inflows.
The European ETF/ETP industry had 2,141 ETFs/ETPs, with 6,617 listings, assets of $510bn – just short of being a new record level of assets – from 48 providers listed on 25 exchanges in 21 countries, according to ETFGI’s Global ETF and ETP insights report for October 2015.
We are on track to end the year with record net inflows and assets in the European ETF/ETP industry. In the first ten months of 2015 record levels of net new assets have been gathered by ETFs/ETPs listed globally with net inflows of $287.3bn marking a 22.3% increase over the prior record set at this time last year.
In the United States net inflows reached $174.8bn, which is 12.4% higher than the prior record set in 2013, while in Europe year to date (YTD) net inflows climbed to an all-time record of $68.6bn, representing a 22.7% increase on the record set YTD through end of October 2014.
In Canada, YTD net inflows are at a record $10.1bn which is slightly ahead of the prior record set in 2012. In Japan, YTD net inflows were up 121.9% on the record set last year, standing at $35bn at the end of October 2015.
“Equity markets performed well globally in October: the Dow was up 9%, the S&P 500 was 8%, all 10 sectors of the S&P 500 were up for the month, developed markets gained 7%, emerging markets were up 8%. Investors put net money into riskier assets including emerging market equities in October.” according to Deborah Fuhr, managing partner at ETFGI.
In October 2015, ETFs/ETPs listed in Europe saw net inflows of $7bn. Fixed income ETFs/ETPs gathered the largest net inflows with $3.8bn, followed by equity ETFs/ETPs with $3.4bn, and commodity ETFs/ETPs with $405m in net inflows.
YTD through end of October 2015, ETFs/ETPs have gathered net inflows of $68.6bn. Equity ETFs/ETPs gathered the largest net inflows YTD with $39.5bn, followed by fixed income ETFs/ETPs with $24bn, and commodity ETFs/ETPs with $1.2bn net inflows.
iShares gathered the largest net ETF/ETP inflows in October with $4.9bn, followed by db x/db ETC with $508m and Deka with $399m net inflows.
YTD, iShares has gathered the largest net ETF/ETP inflows with $26.6bn, followed by db x/db ETC with $9.9bn, Lyxor AM with $8.5bn, UBS ETFs with $7.3bn and Vanguard with $3.8bn in net inflows.