- ETFs/ETPs listed in Europe gathered net inflows of US$2.92 billion in February 2016
- European ETF/ETP industry had 2,199 ETFs/ETPs, with 6,846 listings, assets of US$485 billion
- Commodity ETFs/ETPs gathered the largest net inflows with US$2.66 billion
Preliminary data from ETFGI’s February 2016 global ETF and ETP industry insights report has revealed ETFs/ETPs listed in Europe gathered net inflows of US$2.92 billion in February 2016.
This is the 17th consecutive month that ETFs/ETPs listed in Europe have gathered net inflows.
The European ETF/ETP industry had 2,199 ETFs/ETPs, with 6,846 listings, assets of US$485 billion, from 52 providers listed on 25 exchanges at the end of February 2016.
Deborah Fuhr, managing partner at ETFGI, said February was another volatile month for equity markets which drove investors to invest net flows into government bonds and gold.
“The S&P Europe 350 index was down – 2.07% marking the third consecutive month loss,” Fuhr said. “The S&P 500 closed the month down 0.13%. Despite recent uncertainty, emerging markets gain 0.31% in February, while developed markets outside of the U.S. declined 1%.”
In February 2016, ETFs/ETPs listed in Europe gathered net inflows of US$2.92 billion. Commodity ETFs/ETPs gathered the largest net inflows with US$2.66 billion, followed by fixed income ETFs/ETPs with US$2.12 billion, while equity ETFs/ETPs experienced net outflows of US$2.19 billion.
The net inflows of US$ 2.66 billion into Commodity ETFs/ETPs in February 2016 is a record high. The previous record was $2.12 billion in September 2012.
ETF Securities gathered the largest net ETF/ETP inflows in February with US$1.36 billion, followed by iShares with US$771 million and Vanguard with US$330 million net inflows.
YTD, ETF Securities gathered the largest net ETF/ETP inflows YTD with US$1.74 billion, followed by iShares with US$1.55 billion and Think ETFs with US$522 million net inflows.
MSCI has the largest amount of ETF/ETP assets tracking its benchmarks reflecting 22.0% market share; STOXX is second with 21.3% market share, followed by S&P Dow Jones with 12.3% market share.