The battle of the Titans in the ETF industry just took another turn with news that, in the US, Vanguard saw inflows of USD90.4 billion over the first half of the year, beating its ETF rival BlackRock which gathered ETF inflows of USD60.4 billion.
European ETFs gathered net inflows of EUR13.7 billion in June, with total assets increasing to reach EUR830.0 billion, according to the latest Lipper European ETF Market Report.
London-based ETF Partners has closed its third Environmental Technologies Fund (ETF3) at GBP167 million, which will focus on innovative companies in the UK and Europe that help deliver long-term and sustainable economic prosperity.
Invesco has launched a GBP-hedged version of its USD11 billion Physical Gold ETF in response to increased demand.
April brought the news that ETF industry giant BNY Mellon was to launch its first range of ETFs. Stephanie Pierce (pictured), CEO of BNY Mellon Investment Management’s ETF and Index Business, commented at the time that the launch was focused on meeting the needs of the firm’s clients.
ETFs and ETPs listed in US gained net inflows of USD57.59 billion during June, bringing year-to-date net inflows to USD189.04 billion which is much higher than the USD116.08 billion net inflows gathered at this point last year.
Hosted by ETF Express, this live summit will discuss and debate how ETFs can be used in an institutional portfolio, in front of a specially selected audience of institutional investors and members of the ETF ecosystem.
Amundi has expanded its its responsible investment offering with the launch of three new ETFs tracking future EU Paris-Aligned Benchmarks (PAB), which are designed to support the achievement of the objectives of the Paris Agreement by limiting global warming below 2°C above preindustrial levels.
Vanguard has filed a preliminary registration statement with the Securities and Exchange Commission to launch Vanguard ESG US Corporate Bond ETF.
There’s a decidedly green hue to this week’s new launches starting with the addition of four new Paris-aligned funds to Lyxor’s climate ETF range. UBS GAM meanwhile, debuted a new Pacific-focused equities ETF on Xetra, while Amundi’s latest offering is the MSCI Emerging ESG Leaders UCITS ETF.