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ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reported today that ETFs industry in Europe celebrates 23rd anniversary. On April 11, 2000, the first two ETFs based on the Euro Stoxx 50 and the Stoxx Europe 50 were listed on Deutsche Boerse in Germany by Merrill Lynch International. This was followed by iShares listing the iShares Core FTSE 100 Ucits ETF on the London Stock Exchange on April 28, 2000.
At the end of March iShares is the largest provider in terms of assets with US$685 Bn, reflecting 44.2% market share; Amundi ETF is second with US$197 Bn and 12.7% market share, followed by DWS Xtrackers with US$154 Bn and 9.9% market share. The top three providers, out of 101, account for 66.9% of assets invested in the ETFs industry in Europe.
We expect assets invested in the ETFs industry in Europe to break through US$3 trillion by 2029.
During March the ETFs industry in Europe gathered net inflows of US$14.64 billion, bringing year-to-date net inflows to US$42.55 billion. During the month, assets invested in the ETFs industry in Europe increased by 4.4% going from US$1.48 trillion at the end of February to US$1.55 trillion, according to ETFGI's March 2023 European ETFs and ETPs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)
Highlights
- ETFs industry in Europe celebrates 23rd anniversary.
- ETFs industry in Europe gathered net inflows of $14.64 Bn in March.
- YTD net inflows in 2023 of $42.55 Bn are third highest on record, after YTD net inflows of $59.30 Bn in 2021 and YTD net inflows of $49.73 in 2022.
- 6th month of net inflows.
- Assets of $1.55 Tn invested in ETFs and ETPs listed in Europe at the end of March 2023.
- Assets increased 9.2% YTD in 2023, going from $1.42 Tn at end of 2022 to $1.55 Tn.
