Highlights : The promoters of ETFs enjoyed net inflows (+€0.4 bn) for April….
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By Detlef Glow, Head of EMEA research at Thomson Reuters Lipper
The assets under management in the European ETF industry increased to €651.9 bn at the end of March 2018.
Bond ETFs (+€1.3 bn) posted for April the highest net inflows of the European ETF industry.
The best-selling Lipper global classification for April was Equity US (+€1.5 bn), followed by Equity Emerging Markets Global (+€0.8 bn) and Equity UK (+€0.5 bn).
Vanguard was the best-selling ETF promoter in Europe for April (+€0.8 bn), slightly ahead of UBS ETF (+€0.8 bn) and State Street’s SPDR (+€0.3 bn).
The ten best-selling funds gathered total net inflows of €2.6 bn for April.
The best-selling ETF for April, Vanguard S&P 500 UCITS ETF USD, accounted for net inflows of €0.6 bn or 131.49% of the overall net inflows.
Source: ETFWorld
