The latest European ETF Market Review from Thomson Reuters Lipper for March 2018 reports that ETF promoters saw EUR0.8 billion in net inflows over March.
Detlef Glow (pictured), Head of EMEA research at Thomson Reuters Lipper, reports that the assets under management in the European ETF industry (EUR628.3 billion) decreased for March, down from EUR632.2 billion at the end of February 2018.
Equity ETFs (+EUR0.9 billion) posted for March the highest net inflows of the European ETF industry. The best-selling Lipper global classification for March was Equity US (+EUR1.8 billion), followed by Equity Emerging Markets Global (+EUR1.1 billion) and Equity Global (+EUR0.7 billion).
Xtrackers was the best-selling ETF promoter in Europe for March (+EUR0.8 billion), ahead of UBS ETF (+EUR0.7 billion) and Vanguard (+EUR0.5 billion). According to Thomson Reuters Lipper, the 10 best-selling funds gathered total net inflows of EUR3.4 billion for March.
The best-selling ETF for March, iShares $ TreasuryBond 7-10yr UCITS ETF USD (Dist), accounted for net inflows of EUR0.7 billion or 84.68 per cent of the overall net inflows.