Last updated: 07:21 / Tuesday, 24 November 2015
Lipper Global Data

European ETF’s AUM Break Loosing Streak in October

European ETF’s AUM Break Loosing Streak in October
  • Report by Thomson Reuters Lipper
  • Bond Funds present largest inflows
  • Performance accounted for most the gains

According to Detlef Glow, Head of EMEA research at Lipper, assets under management in the European exchange-traded fund (ETF) industry increased from €427.97 billion to €464.15 billion during October.

After performance drove down European ETF’s AUM in September, this increase of €36.18 billion in October has much to thank to it. The underlying markets' performance accounted for €30.36 billion, while net sales contributed €5.8 billion to the overall growth of assets under management in the ETF segment.

In terms of asset classes, bond funds (+€3.7 billion) enjoyed by far the highest net inflows for the month, followed by equity funds (+€2.8 billion), and alternative UCITS products (+€0.1 billion).

The best selling Lipper Global Classifications in October where:

  • Equity US with €62.8 billion
  • Equity EuroZone with €47.2 billion
  • Equity Japan with €38.3 billion

Amongst ETF promoters, iShares with €4.1 billion (iShares accounts for 49.45% of the overall AUM with €229.5 bn), db x-trackers with €0.5 billion and Amundi ETF €0.4 billion, were the best selling ones.

The best selling ETF for October was the iShares Core EURO STOXX 50 UCITS ETF, which accounted for net inflows of €460 m or 7.90% of the overall inflows

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