BlackRock ETP Landscape: Durable Non-U.S. Equity Demand

The BlackRock ETP Landscape series of reports Industry Highlights provides commentary on the global Exchange Traded Product (ETP) industry as of May 2015. 

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GLOBAL ETP FLOWS IN MAY REFLECT DURABLE DEMAND FOR NON-U.S. EQUITIES DESPITE BROADER SLOWDOWN IN ACTIVITY

• Global ETPs gathered $18.3bn, though excluding non-U.S. equities flows were largely flat Japan and EAFE exposures led non-U.S. developed markets equities with $5.8bn and $4.2bn, respectively, and each category has been steady all year bringing in over $20bn to eclipse its full-year 2014 total    
• Broad EM equity inflows persisted for a second straight month, with $1.6bn lifting year-to-date flows into positive territory    
• Currency-hedged equity ETP flows of $3.4bn were the lowest since October, but accelerated again late in the month across EAFE, Europe and Japan funds    
• Pan-European funds brought in $1.6bn, a six-month low, as investor sentiment moderated along with the regional economic outlook after a strong Q1 

 Sources: BlackRock, Bloomberg.