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ETFGI report on ETFs and ETPs in Europe – August 2019

Fuhr Deborah ETFGI ETFs ETPs

ETFGI reported that ETFs and ETPs listed in Europe suffered net outflows of US$7.86 billion in August, bringing year-to-date net inflows to US$54.89 billion.….

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By Deborah Fuhr, Managing Partner at ETFGI


Assets invested in the European ETF/ETP industry have decreased by 2.2%, from US$910.34 billion at the end of July, to US$890.21 billion, according to ETFGI’s August 2019 European ETF and ETP industry landscape insights report.

At the end of August 2019, the European ETF/ETP industry had 2,351 ETFs/ETPs, with 8,662 listings, from 68 providers listed on 30 exchanges in 25 countries.

Highlights

  • Assets invested in the European ETF/ETP industry slipped to $890.21 Bn at the end of August   
  • Assets invested in the European ETF/ETP industry decreased by 2.2% in August.
  • During August 2019, ETFs/ETPs listed in Europe suffered $7.86 Bn in net outflows.

“The S&P 500® slid 1.6% during August, which can be partially attributed to both the growing tensions stemming from the US/China trade talks, or lack thereof, and the sentiment placed on the inverted US yield curve. From an International standpoint, the S&P Developed Ex-U.S. BMI declined 2.5%, with the biggest decline coming out of Hong Kong (-8.0%), driven by recent protests. The S&P Emerging BMI fell 4.5% during the month, with only one riser, Egypt, up 10.5%.” According to Deborah Fuhr, managing partner, founder and owner of ETFGI.

Europe ETF and ETP asset growth as at the end of August 2019

Equity ETFs/ETPs listed in Europe suffered net outflows of $12.94 Bn in August 2019, bringing net inflows for 2019 to $3.73 Bn, substantially less than the $27.87 Bn in net inflows equity products had attracted by the end of August 2018.

Fixed income ETFs/ETPs listed in Europe attracted net inflows of $3.49 Bn in August, bringing net inflows for 2019 to $41.82 Bn, considerably greater than the $9.06 Bn in net inflows fixed income products had attracted by the end of August 2018.

Commodity ETFs/ETPs gathered $1.57 Bn in net inflows bringing net inflows to $6.46 Bn for 2019, which is greater than the $2.63 Bn in net outflows suffered through August 2018.

Substantial inflows can be attributed to the top 20 ETF’s by net new assets, which collectively gathered $6.56 Bn in August, iShares $ High Yield Corp Bond UCITS ETF gathered $679.06 Mn alone.

Top 20 ETFs by net inflows in August 2019: Europe

Name Ticker Assets
(US$ Mn)
Aug-19
NNA
(US$ Mn)
YTD-19
NNA
(US$ Mn)
Aug-19
iShares $ High Yield Corp Bond UCITS ETF IHYU LN 4138.41 1,405.16 679.06
iShares MSCI EMU ESG Screened UCITS ETF – Acc SAUM LN 655.69 617.79 600.03
Vanguard FTSE All-World UCITS ETF VWRA LN 577.91 560.43 560.35
iShares $ Corp Bond UCITS ETF LQDE LN 5653.14 (69.29) 525.42
iShares Core FTSE 100 UCITS ETF ISF LN 8304.07 1,148.32 382.24
iShares Edge MSCI World Minimum Volatility UCITS ETF MVOL LN 4288.11 1,073.28 344.66
Xtrackers II Eurozone Government Bond UCITS ETF DR XGLE GY 3501.80 501.12 342.07
Xtrackers S&P 500 Swap UCITS ETF D5BM GY 6519.48 1,666.18 339.47
iShares € Corp Bond ex-Financials UCITS ETF IEXF LN 1655.63 166.54 306.29
iShares US Mortgage Backed Securities UCITS ETF SMBS LN 1026.47 678.07 294.90
iShares USD Treasury Bond 0-1yr UCITS ETF – Acc IB01 LN 1804.46 1,798.05 274.91
AMUNDI ETF MSCI USA UCITS ETF CU2 FP 1282.61 118.74 273.18
Vanguard S&P 500 UCITS ETF VUSA LN 22685.76 (1,579.21) 249.69
iShares Gold Producers UCITS ETF IAUP LN 1596.71 526.97 242.44
Invesco S&P 500 ETF – Distributing D500 GY 725.13 730.85 239.60
Vanguard FTSE All-World UCITS ETF VWRD LN 2945.75 579.67 204.50
AMUNDI INDEX J.P. MORGAN EMU GOVIES IG UCITS ETF DR EGOV FP 528.95 387.16 189.34
AMUNDI INDEX JP MORGAN GBI GLOBAL GOVIES UCITS ETF DR GOVH FP 552.15 477.79 179.18
iShares Core € Govt Bond UCITS ETF SEGA LN 2226.51 521.80 167.14
iShares MSCI USA SRI UCITS ETF SUAS LN 1046.88 350.74 166.62

The top 10 ETP’s by net new assets collectively gathered $1.60 Bn in August. The iShares Physical Gold ETC gathered $440.96 Mn alone.

    Top 10 ETPs by net inflows in August 2019: Europe

Name Ticker Assets
(US$ Mn)
Jul-19
NNA
(US$ Mn)
YTD-19
NNA
(US$ Mn)
Jul-19
iShares Physical Gold ETC SGLN LN 6,711.78 1,424.67 440.96
Invesco Gold ETC SGLD LN 7,252.10 1,195.71 434.01
Xtrackers Physical Gold ETC (EUR) XAD5 GY 3,429.00 394.66 196.64
Xetra Gold EUR 4GLD GY 9,691.94 656.21 101.53
Xtrackers Physical Gold ETC XGLD LN 1,162.53 247.37 97.80
Amundi Physical Metals PLC GOLD FP 623.27 561.95 91.53
ETFS Physical Gold PHAU LN 7,804.06 (98.78) 79.25
ETFS Physical Silver PHAG LN 1,439.18 441.23 66.75
GBS Bullion Securities GBS LN 3,905.91 (9.86) 55.04
ETFS GBP Daily Hedged Physical Gold (GBSP) GBSP LN 380.60 171.87 38.65

All dollar values in USD unless otherwise noted.


ETFGI is a leading independent research and consultancy firm covering trends in the global ETF/ETP ecosystem, based in London, England. Deborah Fuhr, Managing Partner, Founder, ETFGI website www.etfgi.com.

Quelle: ETFWorld

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