Detlef Glow (pictured), Head of EMEA research at Thomson Reuters Lipper, reports that for across Europe, the promoters of ETFs enjoyed net inflows (+EUR0.4 bn) for April.
Assets under management in the European ETF industry increased to EUR651.9 billion at the end of March 2018. Bond ETFs (+EUR1.3 billion) posted for April the highest net inflows of the European ETF industry.
The best-selling Lipper global classification for April was Equity US (+EUR1.5 billion), followed by Equity Emerging Markets Global (+EUR0.8 billion) and Equity UK (+EUR0.5 billion).
Vanguard was the best-selling ETF promoter in Europe for April (+EUR0.8 billion), slightly ahead of UBS ETF (+EUR0.8 billion) and State Street’s SPDR (+EUR0.3 billion).
The 10 best-selling funds gathered total net inflows of EUR2.6 billion for April. The best-selling ETF for April, Vanguard S&P 500 UCITS ETF USD, accounted for net inflows of EUR0.6 billion or 131.49 per cent of the overall net inflows.
