ETF/ETP assets in Europe hit $477.4bn

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Assets invested in ETFs and ETPs hit a value of $477.4bn as of August, according to data from ETFGI.

Net assets gathered year to date hit $50.4bn.

At the end of August there were some2,061 ETFs/ETPs, with 6,232 listings from 50 providers, listed on 26 exchanges.

The strong inflows have also been noted in other regions, notes ETFGI, helping markets there also reach new record highs as measured by total assets. In Canada the industry saw $67.9bn in assets, Asia Pacific ex-Japan $103.7bn, and in the US the market hit $1.91trn.

Globally, assets hig $2.7trn at the end of August. Global net new flows year to date were $180.5bn.

Deborah Fuhr, managing partner at ETFGI, said: “In August investors invested net new money into an array of equity, fixed income and commodity exposures due to concerns over the situations in Ukraine and Gaza. The S&P 500 was up 4% in August and closed above the 2,000 threshold for the first time on August 26th. Developed markets were up slightly, emerging markets gained 3% and Latin America was up 9% in August. August was also a good month for fixed income.”

The ETFGI data suggests that by provider iShares saw the largest net inflows in August, at some $3.3bn. Vanguard attracted £1.3bn, DB xTrackers $1.1bn, Think ETFs $973m, UBS GAM $585m, and HSBC $514m.

iShares retains an overall market share of over 46%, according to assets reported as $223.4bn. DB xTrackers, Lyxor AM make up the top three, which together account for some 68.8% of European ETF/ETP assets, while the other 47 providers tracked have less than 5% market share each.

 

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