Lipper Refinitiv reports ETF promoters in Europe enjoyed estimated net inflows of EUR1.3 billion in August 2022

Related Topics

 

Lipper Refinitiv reports that assets under management in the European ETF industry decreased over the course of August to EUR1,284.0 billion.

 

Bond ETFs (+EUR5.2 billion) posted the highest estimated net inflows in the European ETF industry for August. The best-selling Lipper global classification for August was Equity Global (+EUR4.1 billion), followed by Bond USD Government (+EUR1.5 billion) and Bond Emerging Markets Global HC (+EUR1.5 billion).

 

UBS ETF was the best-selling ETF promoter in Europe for August (+EUR2.7 billion), ahead of iShares (+EUR0.9 billion) and Vanguard (+EUR0.5 billion), the firm says. The 10 best-selling funds gathered estimated net inflows of EUR6.1 billion for August.

 

The best-selling ETF for August, UBS ETF (IE) MSCI ACWI SF UCITS ETF (hedged to USD) A-acc, enjoyed estimated net inflows of EUR1.3 billion.

 

Detlef Glow, Head of EMEA Research at Refinitiv Lipper, comments: “The ETF promoter in Europe enjoyed estimated net inflows for August 2022 after the first negative month for the European ETF industry since March 2020. These inflows occurred in a negative and volatile market environment in which investor sentiment was impacted by high inflation rates, increasing interest rates, geopolitical tensions, and disrupted delivery chains caused by the still ongoing COVID-19 pandemic in Europe and other parts of the world.”

 

Author Profile