The promoters of ETFs enjoyed net inflows of €2.3 bn for December….
By Detlef Glow, Lipper’s head of EMEA research at Refinitiv
The assets under management in the European ETF industry (€633.1 bn) decreased during December, down from €666.1 bn at the end of November 2018
Bond ETFs (+€3.8 bn) posted the highest net inflows of the European ETF industry in December.
The best-selling Lipper global classification for December was Equity Emerging Markets Global (+€2.3 bn), followed by Bond USD Government Short Term (+€0.9 bn), and Bond EMU Government LT (+€0.7 bn).
iShares was the best-selling ETF promoter in Europe for December (+€3.4 bn), well ahead of Xtrackers (+€0.7 bn) and SPDR (+€0.5 bn).
The ten best-selling funds gathered total net inflows of €4.6 bn for December.
The best-selling ETF for December, iShares Core MSCI World UCITS ETF GBP Hgd (Dist), accounted for net inflows of €0.9 bn, or 39.95% of the overall net inflows.