ETFs/ETPs listed in Europe have gathered a record level of US$61.6 Bn as of the end of Q3 2015 which is virtually tied with the record level of US$61.8 billion in net new assets raised in all of 2014….
Deborah Fuhr, Managing Partner at ETFGI
Although September was another roller coaster ride for investors they allocated US$2 billion in net new assets to ETFs/ETPs listed in Europe during the month. This marks the 12th consecutive month of positive net inflows, according to ETFGI’s preliminary ETF and ETP global insights report for the September 2015.
In the first three quarters of 2015 record levels of net new assets have been gathered by ETFs/ETPs listed globally with net inflows of US$251.5 Bn marking a 25% increase over the prior record set at this time last year. In the United States net inflows reached US$146.4 Bn, which is 8.5% higher than the prior record set in 2012, while in Europe year to date (YTD) net inflows climbed to US$61.6 Bn, representing a 30% increase on the record set YTD through end of September 2014. In Japan, YTD net inflows were up 143% on the record set last year, standing at US$36.4 Bn at the end of September 2015.
“Uncertainty on China and when the Fed will raise interest rates continues to weigh the markets and investor sentiment. The S&P 500 decreased 2.6% in September, and is down 6.7% year to date.” according to Deborah Fuhr, managing partner at ETFGI.
The European ETF/ETP industry had 2,145 ETFs/ETPs, with 6,582 listings, assets of US$480 Bn, from 49 providers listed on 25 exchanges in 21 countries at the end of September 2015.
ETFs/ETPs listed in Europe gathered net inflows of US$2.0 Bn in Sept 2015. Equity ETFs/ETPs gathered the largest net inflows with US$1.3 Bn, followed by fixed income ETFs/ETPs with US$456 Mn, while commodity ETFs/ETPs experienced net outflows of US$274 Mn.
YTD, ETFs/ETPs listed in Europe have seen net inflows of US$61.6 Bn. Equity ETFs/ETPs gathered the largest net inflows YTD with US$36.1 Bn, followed by fixed income ETFs/ETPs with US$20.2 Bn, and commodity ETFs/ETPs have gathered net inflows of US$811 Mn.
iShares gathered the largest net ETF/ETP inflows in September with US$795 Mn, followed by UBS ETFs with US$621 Mn and Source with US$363 Mn net inflows.
YTD, iShares has gathered the largest net ETF/ETP inflows with US$21.7 Bn, followed by db x trackers with US$9.4 Bn, Lyxor AM with US$8.2 Mn, UBS ETFs with US$7.1 Bn and Vanguard with US$3.4 Bn in net inflows.