ETF data provider ETFGI reports that ETFs and ETPs listed in Europe gathered USD2.15 billion in net inflows during April 2018, less than half of the net new assets gathered during the same month in 2017.
Year-to-date net inflows for 2018 reached USD29.55 billion at the end of April which is less than the USD40.59 billion in net inflows at this point last year.
Net new assets gathered by ETFs/ETPs listed in Europe were USD2.15 billion, which is less than half of the net new assets gathered in April 2017, the firm reports.
April 2018 marked the 43rd consecutive month of net inflows into ETFs/ETPs listed in Europe and due to market moves assets invested in ETFs/ETPs listed in Europe increased by 0.54 per cent, or USD4.45 billion, during April, to USD830.21 billion.
Assets invested in ETFs/ETPs listed in Europe increased by USD4.45 billion during April 2018.
According to ETFGI, at the end of April 2018, the European ETF industry had 1,655 ETFs, with 6,355 listings, assets of USD788.51 billion, from 56 providers on 26 exchanges in 22 countries. At the end of April 2018, the European ETF/ETP industry had 2,303 ETFs/ETPs, with 7,613 listings, assets of USD830.21 billion, from 66 providers on 27 exchanges in 22 countries.
April 2018 marked the 43rd consecutive month of net inflows into ETFs/ETPs listed in Europe.
The USD2.15 billion gathered during the month was 58.88 per cent less than the USD5.23 billion in net inflows during this month last year.
ETFGI reports that the majority of net new inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered USD15.47 billion during 2018. The iShares Core MSCI EM IMI UCITS ETF (EMIM LN) on its own accounted for net inflows of USD1.78 billion.