Refinitiv’s June figures show 15th month of inflows into ETFs

Refinitiv’s Lipper ETF figures for June show that ETF promoters in Europe experienced estimated net inflows of EUR14.3 billion for June.

Assets under management in the European ETF industry hit a new all-time high (EUR1,177.8 billion) at the end of June 2021, Refinitiv writes. Equity ETFs (+EUR11.9 billion) posted the highest estimated net inflows in the European ETF industry for June.

The best-selling Lipper global classification for June was Equity Global (+EUR4.4 billion), followed by Equity US (+EUR2.9 billion) and Equity Europe (+EUR1.4 billion). iShares was the best-selling ETF promoter in Europe for June (+EUR5.9 billion), ahead of Xtrackers (+EUR2.6 billion) and Lyxor ETF (+EUR1.1 billion).

The 10 best-selling funds gathered total net inflows of EUR5.2 billion for June, Refinitiv says. The best-selling ETF for June, iShares Core MSCI World UCITS ETF USD (Acc), accounted for net inflows of EUR1.1 billion.

Detlef Glow, Head of EMEA Research at Refinitiv Lipper, comments: “June 2021 marked the fifteenth consecutive month with inflows into ETFs after the outflows caused by the outbreak of the COVID-19 pandemic in March 2020. These inflows occurred in a positive but volatile market environment in which investor sentiment was still impacted by the dynamics of the COVID-19 pandemic and the resulting actions taken by central banks and governments in Europe and other parts of the world.”

 

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