European ETFs saw net inflows of EUR5.2 billion in March while assets under management in the continent’s ETF industry increased to EUR725.2 billion from EUR707.3 billion in February.
That’s according to the lates European ETF Market Report for from the Lipper team at Refinitivm which also highlights that bond ETFs (+EUR6.2 billion) posted the highest net inflows in the European ETF industry for the month.
The best-selling Lipper global classification for March meanwhile, was Bond EUR Corporates (+EUR2.3 billion), followed by Equity Global (+EUR1.4 billion) and Equity US (+EUR1.0 billion).
iShares was the best-selling ETF promoter in Europe for March (+EUR4.1 billion), well ahead of SPDR (+EUR1.0 billion) and Amundi ETF (+EUR0.6 billion).
The ten best-selling funds gathered total net inflows of EUR7.2 billion for March, while the month’s best-selling ETF – the iShares Core Corp Bond UCITS ETF EUR (Dist) – accounted for net inflows of EUR1.1 billion, or 21.34 per cent, of the overall net inflows.