- Advertisement -
- Advertisement -

Brexit drove inflows into ETFs in June – Thomson Reuters Lipper

- Advertisement -

The latest European ETF Market Review from Thomson Reuters Lipper shows that despite the increased volatility prior to the “Brexit” voting in the United Kingdom, the promoters of exchange-traded funds (ETFs) enjoyed net inflows for June. Nevertheless, the assets under management in the European ETF industry declined during June to €453.6 bn, compared to €455.5 bn in May.Further insight and analysis for both assets under management and fund flows by asset type, classification, promoter and fund can be found here.  Please feel free to attribute any of the content to Detlef Glow, Head of EMEA research at Thomson Reuters Lipper and author of this report. Additional highlights below:

Assets under management in the European exchange-traded fund (ETF) industry declined during June compared to May (€455.5 bn to €453.6 bn). The decrease of €1.9 bn for June was mainly driven by the performance of the underlying markets (-€5.2 bn), while net sales contributed a positive €3.3 bn to the overall growth in assets under management in the ETF segment.

Equity funds (+€1.6 bn) enjoyed the highest net inflows for June.  Equity US (+€0.9 bn) followed byEquity Global (+€0.9 bn) and Bond EUR Corporates (+€0.8 bn) were the best selling Lipper global classifications for June.

iShares (+€1.5 bn), Vanguard (+€0.7 bn), and Lyxor ETF (+€0.6 bn) were the best selling ETF promoters in Europe for June. The ten best selling funds gathered total net inflows of €2.8 bn for June.

iShares Core S&P 500 UCITS ETF, accounting for net inflows of €0.5 bn or 14.3% of the total net inflows, was the best selling individual ETF for June.

 

Picture: (c) STILLFX—shutterstock.com

Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

Latest Articles

Nordic Hedge Funds Sustain Momentum

Stockholm (HedgeNordic) – Following its strongest first quarter in 15 years, the Nordic hedge fund industry sustained momentum into April. As reflected by the...

The Hands-On Approach of NCI Advisory in Debt Investing

Stockholm (HedgeNordic) – With over 45 years of expertise in structured finance and debt asset management, Jørgen Beuchert has dedicated the last 15 years...

Hedge Fund Journal: Calculo Best in Commodity Trend Following

Stockholm (HedgeNordic) – Calculo Evolution Fund, a pure commodity trend-follower based in Denmark, has been recognized as the “Best Performing Commodity Trend Follower” over...

SRV’s Multi-Pillar Fixed-Income Strategy

Stockholm (HedgeNordic) – Despite Danish mortgage bonds being widely regarded as almost risk-free, occasional spikes in risk aversion trigger significant spread widening versus government...

DBi Pioneers Cost-Efficient Access to CTA Performance

Stockholm (HedgeNordic) – Trend-following CTAs or managed futures vehicles are often seen as effective diversifiers within investment portfolios, exhibiting limited correlation to equity and...

Swiss Bank Eyes Global Equities Through Quant and Options Overlay Funds

Stockholm (HedgeNordic) – A Swiss private bank is seeking to allocate a minimum of €20 million to a fund specializing in global equities through...

Allocator Interviews

Latest Articles

In-Depth: High Yield

Voices

Request for Proposal

- Advertisement -