Head of ETF Research at Lyxor Asset Management, Marlène Hassine, reports that during the month of November net new assets amounted to EUR4.3 billion, an increase on the year to date average of EUR3.7 billion. Total Assets Under Management equalled EUR497 billion, an increase of 10 per cent compared to last year.
The Lyxor ETF research identified these key trends for November 2016:
· Equity ETF’s inflows were at an 11 month record high of EUR7.6 billion, while US equity ETF flows accelerated at EUR3.6 billion, mainly during the days following the US election.
· In contrast, Fixed income flows saw a trend reversal with outflows of EUR3.3 billion following 16 months of inflows, as a result of interest rate changes following the US election.
· Commodity ETFs witnessed practically no flows in November, however in comparison to last year the flows are positive at EUR2.5 billion.
