In terms of European-listed ETFs, Tradeweb reports notional volume traded on the Tradeweb European ETF marketplace amounted to EUR39.2 billion in April, while the proportion of transactions completed via Tradeweb’s Automated Intelligent Execution (AiEX) tool rose to 73.8 per cent.
Results & performance
Global ETP flows finally dropped in April, after two record-breaking months, says BlackRock, with numbers down from USD136.4 billion in March to USD102.6 billion in April.
Strategy Shares, a family of exchange traded funds (ETFs) focused on bringing unique strategies to the ETF marketplace, has surpassed USD500 million in assets under management (AUM).
The head of Deutsche Börse's ETF segment, Stephan Kraus (pictured), is seeing the extraordinary power of the new range of cryptocurrency ETPs in full flight, with the ETC Group’s bitcoin ETP, launched last June, showing up as the most actively traded ETP in the first quarter of 2021. That product has just been joined by ETC’s Litecoin ETN, the first time litecoin has been available for trading via Xetra and Börse Frankfurt.
The UK’s first digital wealth manager, Nutmeg, closed the first quarter of 2021 with over GBP3 billion in assets and a client base of over 130,000 UK investors.
Sustainability continues to drive ETF assets, both in bonds and equities and two firms have reported their ESG assets reaching record levels this week, with BlackRock’s iShares Sustainable UCITS EMEA ETF range crossing USD50 billion in assets, with Q1 2021 inflows of USD10 billion almost tripling the pace of asset gathering in the same quarter of 2020, and UBS Asset Management’s Sustainable Development Bank Bonds UCITS ETF reaching USD1 billion in assets.
UBS Asset Management’s Sustainable Development Bank Bonds UCITS ETF, the first UCITS ETF to invest in bonds issued by multilateral development banks, has passed USD1 billion in assets under management.
DWS’s Xtrackers S&P 500 ESG ETF has broken through USD500 million in assets as investor money continues to move into the product amid rising investor interest in environmental, social and governance (ESG) ETFs.
ETF provider GraniteShares has announced that its range of London Stock Exchange listed short and leveraged ETPs on popular UK and US stocks have amassed over USD100 million in assets under management.
The US utilities ETF UTES, from the specialist utilities investment house, Reaves Asset Management, had a difficult 2020 but is enjoying 6.5 per cent performance year to date.