Assets invested in ETFs/ETPs in Europe reached a new record high of USD567 billion at the end of the third quarter, according to ETFGI.
Net flows gathered by ETFs/ETPs in September were USD2.98 billion of net new assets gathered during the month, marking the 25th consecutive month of net inflows.
At the end of Q3 2016, the European ETF/ETP industry had 2,219 ETFs/ETPs, with 6,953 listings, assets of USD567 billion, from 56 providers listed on 25 exchanges in 21 countries.
In September 2016, ETFs/ETPs saw net inflows of USD2.98 billion in Europe. Fixed Income ETFs/ETPs gathered the largest net inflows with USD1.15 billion, followed by equity ETFs/ETPs with USD1.04 billion, and commodity ETFs/ETPs with USD667 million.
YTD through end of Q3 2016, ETFs/ETPs have seen net inflows of USD41.54 billion in Europe. Fixed Income ETFs/ETPs gathered the largest net inflows YTD with USD26.50 billion, followed by commodity ETFs/ETPs with USD12.15 billion, and equity ETFs/ETPs with USD845 million.
iShares is the largest ETF/ETP provider in terms of assets with USD266 billion, reflecting 46.9 per cent market share; db x/db ETC is second with USD61 billion and 10.8 per cent market share, followed by Lyxor AM with USD52 billion and 9.2 per cent market share. The top three ETF/ETP providers, out of 56, account for 66.9 per cent of European ETF/ETP assets.
iShares gathered the largest net ETF/ETP inflows in September with USD1.33 billion, followed by Vanguard with USD942 million and UBS ETFs with USD414 million net inflows.
