The Industry Highlights of the BlackRock ETP Landscape series of reports, provides commentary on the global Exchange Traded Product (ETP) industry as of June 2015.
Global ETP Flows Reach First Half Record Due To Japan And EAFE Equity As Well As A U.S. Rebound
- Global ETP flows of $20.8bn in June pushed year-to-date asset gathering to a new high despite Q2 flows of $49.1bn equalling just half the Q1 total
- Aided by a market friendly Fed announcement, U.S. equities led all categories for the first time since December, bringing in $9.8bn driven by small- and mid-cap funds
- Japan equity was strong contributing $5.7bn and EAFE equity also maintained momentum with $5.3bn
- Pan-European flows were modest for a second month in a row relative to Q1 at $3.2bn as investors wait for a resolution to Greece's negotiations with its creditors
- Currency-hedged equity funds brought in $3.3bn, but eased for a third month after peaking in March when the U.S. dollar stopped rallying
Sources: , Bloomberg.
