ETF data provider ETFGI’s May 2018 Currency Hedged ETF and ETP industry insights report reveals that currency hedged ETFs/ETPs listed globally gathered USD3.13 billion in net inflows during May. This was over 10 times the net inflows gathered during April.
Mike Venuto, pictured, CIO of Toroso Investments and co-founder of the TETF index which mirrors the ETF industry, reports that TETF's underlying index doubled in the past 12 months and achieved a return of 9 per cent YTD.
ETF data provider ETFGI reports that ETFs and ETPs listed in the US gathered USD31.58 billion net inflows during May 2018.
ETF data provider ETFGI’s April 2018 figures show that Currency Hedged ETFs and ETPs reached USD143.94 billion at the end of April 2018, decreasing by 1.1 per cent from USD146.14 billion in December 2017.
Solactive is to introduce its proprietary Global Benchmark Series (GBS), one of the largest projects undertaken by the German index provider which, once completed, will include around 2,000 equity indices, covering developed and emerging markets based on the Solactive Country Classification Framework.
This was a busy week for ETF launches with a range dominated by equities and bonds.
Euronext, the pan-European exchange in the Eurozone with 1,300 listed issuers, reveals that during the first quarter of 2018 it saw an increase in revenue to EUR146.7 million (+15.9 per cent).
ETF data provider ETFGI reports that US-listed ETFs and ETPs suffered USD2.96 billion in net outflows during March 2018, the second consecutive monthly outflows in 2018 and the largest monthly amount since February 2018, when net outflows were USD10.60 billion.
Tradeweb reports that its European-listed ETF marketplace maintained momentum in March amid market concerns over global trade disputes, technology stock pressures, and the wind-down of accommodative monetary policies.
Aussie ETF firm BetaShares reports that while ETFs continued to attract net inflows in March, weaker Australian and global equity markets pushed overall funds under management below February’s peak.