Detlef Glow (pictured), Head of EMEA research at Thomson Reuters Lipper, has written up the June ETF Market Review, revealing that the promoters of ETFs enjoyed net inflows (+EUR7.7 billion) over the month.
Nizam Hamid (pictured), ETF Strategist at WisdomTree in Europe, has written a note commenting on the recent OPEC meeting and how US inventories and shale rig recoveries caught traders unaware.
ETF selection platform TrackInsight has commented that despite some pronounced outflows in June, the Technology Stocks segment saw the biggest sector inflows overall in the first six months of the year, attracting more than EUR4 billion.
The SIX Swiss Exchange saw trading turnover in the first half of 2017 up by 5.3 per cent year-on-year to CHF723.6 billion.
ETF Securities writes that last week saw the largest weekly outflows from Gold ETPs since December last year. “We saw USD160 million of outflows from gold ETPs last week after hawkish comments from the ECB and BOE and higher-than-expected German inflation.”
Antoine Lesne, Head of Research for SPDR, has written a note commenting that the healthcare sector has been a star performer, with the Senate’s Grand Old Party (GOP) unveiling of its draft healthcare bill.
ETF data provider ETFGI reports that assets invested in ETFs/ETPs listed in Europe reached a new record high of USD682 billion at the end May 2017 surpassing the prior record of USD658 billion set at the end of April 2017.
News from Sydney reveals that despite declines in the broader Australian market, net inflows lifted the Australian ETF industry by 2.6 per cent (or AUD733.7 million) to hit a new record high of AUD29 billion in funds under management, according to the BetaShares Australian ETF Review – May 2017.
The May inflation release from the UK’s Office for National Statistics shows CPI inflation has jumped up to a high of 2.9 per cent.
Commenting, Viktor Nossek, director of research at WisdomTree in Europe, says: "Inflation has caught markets unawares today, accelerating to 2.9 per cent as the cost of goods and services - rather than imports - drove it higher.
The BlackRock ETP Landscape report for May finds that global ETP flows of USD45 billion during May pushed assets past the USD4 trillion milestone.