The latest European ETF Market Review from Thomson Reuters Lipper for March 2017 finds that net inflows, in combination with positive market impacts led to increased assets in the European ETF industry.
Detlef Glow, Head of EMEA research at Thomson Reuters Lipper, reports assets are up from EUR550.3 billion to EUR565.2 billion.
Equity ETFs (+EUR6.4 billion) posted for March their sixth consecutive month of having the highest net inflows in the European ETF industry, and the best- selling Lipper global classification for March was Equity US (+EUR2.0 billion), followed by Equity Eurozone (+EUR1.1 billion) and Equity Emerging Markets Global (+EUR1.0 billion).
iShares, at EUR2.8 billion, was the best-selling ETF promoter in Europe, followed by UBS ETF (+EUR1.4 billion) and db x-trackers (+EUR1.3 billion).
The 10 best-selling funds gathered total net inflows of EUR4.5 billion for March, and the best-selling ETF for March, iShares EURO STOXX 50 (DE), accounted for net inflows of EUR0.6 billion or 6.4 per cent of the overall net inflows.