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.
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.
The EMQQ Emerging Market Internet & Ecommerce UCITS ETF has reached reached USD100 million in AUM, driven by performance and new investment flows.
The European exchange-traded funds market rebounded strongly in the second quarter of the year with net inflows of EUR33.4 billion, compared with EUR4.4 billion of outflows in Q1.
The inaugural Invesco Gold Report, the first in a new series of quarterly reports on the gold market, has found that a record USD15.4 billion in gold was purchased by ETFs and similar products in Q1 2020 globally, the equivalent of 298 tonnes.
2020 has been a record year so far for gold-backed ETF inflows, according to the latest ETF Flows reports from the World Gold Council.
Despite being the launch pad for the Covid-19 pandemic that has swept the world and changed it forever, China as an investment destination has kept up in the performance stakes, both in terms of offering performance to external investors and in growing its own domestic asset base.
Since Credit Suisse Asset Management, range of exchange-traded funds (ETFs) which were launched in March 2020, have now passed USD2 billion in assets under management.
The GraniteShares Gold Trust (NYSE Arca: BAR), one of the lowest-cost, physically-backed gold ETFs on the market, has passed USD1 billion in assets under management (AUM) as investors flock to safe-haven assets amid continued market uncertainty.
ETFs and ETPs listed in Europe reported net inflows of USD10.59 billion during May, bringing year-to-date net inflows to USD21.33 billion which is significantly less than the USD38.51 billion gathered at this point in 2019.