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DWS claims Xtrackers in top inflow spot in Europe for 2018


DWS writes that according to ETFGI’s ETF and ETP data, their Xtrackers took more net inflows than any other European ETP provider in the first five months of 2018.

Xtrackers’ ETFs and ETCs registered USD6.4 billion in positive net inflows for 2018 to the end of May, the data shows. This is followed by UBS ETFs with USD6.2 billion and iShares with USD4.3 billion.
Flows into Xtrackers ETFs and ETCs therefore account for 20 per cent of 2018 European market year-to-date aggregate ETP inflows, the firm says.
“Xtrackers have a market share of 11 per cent of the European ETP market by assets under management (AUM). Xtrackers ranks a solid second in Europe by AUM, well head of the third-placed asset manager, with a difference of over USD14 billion,” the firm writes.
“For our Xtrackers to have a market-leading position in 2018 is a testament to the quality of our index tracking products,” says Thorsten Michalik, member of the management board of DWS and Co-Head of the asset manager’s Global Coverage Group.

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