ETFGI Reports That Assets Invested In ETFs And ETPs Listed In Europe Gathered Net Inflows Of US$2.96 Billion During August

ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today that that assets invested in ETFs and ETPs listed in the Europe gathered net inflows of US$2.96 billion during August 2018. Total assets increased to US$835 billion at the end of August 2018, up 0.91% from US$828 billion at the end of July, according to ETFGI’s August 2018 Europe ETF and ETP industry landscape insights report, an annual paid-for research subscription service.  (All dollar values in USD unless otherwise noted.)
 
Highlights

• Assets invested in ETFs/ETPs listed in Europe increased by 0.91% during August 2018 to $835 Bn.
• In August 2018, ETFs/ETPs listed in Europe saw net inflows of $2.96 Bn.
• Year-to-date, assets have increased by 4.12% from $802 Bn at the end of 2017.
• Marks the 46^th consecutive month of net inflows into ETFs/ETPs listed in Europe.

“On August 22, 2018 the S&P 500 marked its longest bull market -  3,453 days, without a bear market - a 20% drop from the index’s 52-week high. August was a strong month for U.S. equities with economic strength and strong corporate earnings pushing the S&P 500 to reach record highs and gain 3.26% during the month and up 9.94% year to date.  Most non-US markets suffered declines during August due to investors’ concerns over trade tensions, Brexit, currency crises and a fear of contagion.  Developed markets ex US declined 1.44% in August while up 0.46% YTD, EM markets were down 3.51% and are down 0.81% YTD and Frontier markets were down 4.50% and are down 1.66% YTD.” according to Deborah Fuhr, managing partner and a founder of ETFGI.
At the end of August 2018, the Europe ETF/ETP industry had 2,324 ETFs/ETPs, with 7,893 listings, from 67 providers on 26 exchanges. Due to net inflows and market moves the assets invested in ETFs/ETPs listed in the Europe increased by 0.91%, from $828 Bn in July 2018 to $835 Bn.
 
European ETF and ETP asset growth as at end of August 2018
 

 
Equity based ETFs/ETPs attracted the largest net inflows during August with $3.37 Bn, bringing net inflows for 2018 to $27.90 Bn, less than the $45.16 Bn in net inflows at this point last year.
 
Fixed income ETFs/ETPs gathered net inflows of $615 Mn during August, bringing net inflows for 2018 to $9.20 Bn, considerably less than the $22.12 Bn in net inflows at this point last year.
 
Commodity based ETFs/ETPs experienced net outflows of $860 Mn during August, bringing net inflows for 2018 to $2.62 Bn, less than the $7.47 Bn in net inflows at this point last year.
 
A high proportion of net inflows during August can be attributed to the top 20 ETFs by net new assets, which collectively gathered $4.93 Bn. The Vanguard S&P 500 UCITS ETF (VUSA LN) saw net inflows of $678 Mn, the largest in August.
 
Top 20 ETFs by net new assets August 2018: Europe

The top 10 ETPs by net new assets collectively gathered $484 Mn by the end of August 2018. 

Top 10 ETPs by net new assets August 2018: Europe

Investors have tended to invest in International market cap and lower cost ETFs in August.