European commodity ETFs/ETPs hit record inflows in February – ETFGI

ETFs/ETPs listed in Europe have gathered net inflows of $2.92bn (€2.63bn) in February 2016, according to consultant ETFGI.

ETFGI observes ETFs/ETPs listed in Europe have been recording net inflows for 17 consecutive months.

In February, the European ETF/ETP industry totaled 2,199 ETFs/ETPs, with 6,846 listings and assets amounting to $485bn (€437bn), from 52 providers listed on 25 exchanges.

“February was another volatile month for equity markets which drove investors to invest net flows into government bonds and gold.

“The S&P Europe 350 index was down –2.07% marking the third consecutive month loss. The S&P 500 closed the month down 0.13%. Despite recent uncertainty, emerging markets gain 0.31% in February, while developed markets outside of the U.S. declined 1%,” commented Deborah Fuhr, managing partner at ETFGI.

Commodity ETFs/ETPs have hit a new record, having gathered $2.66bn (€2.4bn) last month. The former record was $2.12bn (€1.91bn) in September 2012.

Fixed income ETFs/ETPs have recorded $2.12bn (€1.91bn)while equity ETFs/ETPs  faced net outflows of $2.19bn (€1.97bn).

Regarding ETFs/ETPs providers, ETF Securities has led the market in February 2016 with $1.36bn (€1.22bn), followed by iShares with $771m (€695m) and Vanguard with $330m (€297.5m) net inflows.

Adrien Paredes-Vanheule
Adrien Paredes-Vanheule is French-Speaking Europe Correspondent for InvestmentEurope, covering France, Belgium, Geneva and Monaco. Prior to joining InvestmentEurope, he spent almost five years writing for various publications in Monaco, primarily as a criminal and financial court reporter. Before that, he worked for newspapers and radio stations in France, in particular in Lyon.

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