Lyxor ETF Money Monitor: November was European ETFs’ third-best month over the last year, as the market gathered €14.6bn. …
By Marlène Hassine Konqui, Head of ETF Research
Taken together with the strong results of September and October, it forms simply the best three-month period on record.
The inflows were predominantly driven by equity (+€8.0bn) and fixed income (+€2.7bn).
Flows into commodities continued to grow modestly at €+234m.
Meanwhile, smart beta ETFs enjoyed their strongest month in 2019 (€+1.7 bn) and could be on track for a record year.
In a year in which investors have faced elevated volatility in all asset classes, one thing has remained remarkably stable: the appetite for ESG investments.
November was no exception, with ESG ETFs continually breaking all records.
Monthly inflows of €1.9bn took their total for the year to €13.6bn.
The trend should continue as the European Commission’s action plan to finance sustainable growth, announced in March 2018, will compel all investors to include ESG criteria in their investment decisions.