Exchange-traded funds and exchange-traded products listed in Europe gathered a record level of USD10.6 billion in net new assets (NNA) in July, pushing year-to-date NNA to USD42.7 billion, cording to figures released by ETFGI.
This figure represents a new record level of NNA at this point in the year, outpacing the previous high of USD30.1 billion set in 2011.
Assets declined slightly (0.7 per cent) from their record high of USD470 billion in June to USD467 billion at the end of July.
The European ETF/ETP industry had 2,070 ETFs/ETPs, with 6,262 listings, from 50 providers listed on 26 exchanges, according to preliminary data from ETFGI’s end July 2014 Global ETF and ETP industry insights report.
The ETF/ETP industries in Europe, in Japan and globally gathered record levels of YTD NNA at USD42.7 billion, USD14.9 billion and USD160.5 billion, respectively. New record highs in assets were reached at the end of July by ETF/ETP industries in Canada with USD66 billion, Asia Pacific (ex-Japan) with USD103 billion, and Japan with USD91.5 billion. “
In July 2014, ETFs/ETPs saw net inflows of USD10.6 billion. Equity ETFs/ETPs gathered the largest net inflows with USD6.96 billion, followed by fixed income ETFs/ETPs with USD2.62 billion, and commodity ETFs/ETPs with USD717 million in net inflows.
iShares gathered the largest net ETF/ETP inflows in July with USD3.08 billion, followed by db x/db ETC with USD1.59 billion, Vanguard with USD1.51 billion, HSBC with USD940 million, and Think ETFs with USD824 million in net inflows.