Bringing you live news and features since 2006 


European ETFs on track for record year, says Lyxor

Lyxor’s May ETF review finds that the economic recovery is on track and has been welcomed by equity markets’ strong performance with the S&P 500 up 12.86 per cent Year to Date – as at 10 June 2021. 

In the same vein, credit markets (both Investment Grade and High Yield) are showing the same positive signals with credit spreads on the verge of historical lows, the firm writes with many investors questioning the speed of the recovery along with stretched valuations both for equities and credit.  

“The reflationary environment also calls for portfolio protection as it hurts bond returns. There has been increasing interest towards US Inflation Funds and ETFs, with investors pilling up into such exposures both in Europe and the US,” Lyxor says. “Investors’ appetite is not just on US inflation exposures; flows have also accelerated into Global and EUR inflation exposures since the beginning of the year. 

“European ETFs are on track for a record year,” Lyxor writes, “with nearly EUR80 billion of net new assets year to date. Total flows may well exceed the EUR102.6 billion record achieved in 2019.” 

Over May, Lyxor writes that ETFs have gathered EUR12.2 billion in May and fixed income and equity ETFs accumulated EUR2.6 billion and EUR8.6 billion respectively. 

ESG ETFs continued their positive trend and gathered EUR3.4 billion in May, with cumulated net new assets reaching EUR37.6 billion. Smart Beta ETFs gathered EUR2.3 billion with Value exposures keeping the lion’s share, the firm says. Value ETFs have now gathered a staggering EUR7.6 billion since the beginning of the year. 

Fixed income funds and ETFs gathered a combined EUR23.0 billion in net new assets with EUR20.4 billion into open-ended funds and EUR2.6 billion into ETFs. Equity funds and ETFs: equity ETFs and open-ended funds have enjoyed EUR22.4 billion of net new assets, with EUR13.9 billion into funds and EUR8.6 billion into ETFs. Global and Europe exposure were in demand, along with Healthcare and Energy sectors, Lyxor writes. 

Latest News

Cerulli Associates, writing in the latest issue of The Cerulli Edge, analyses mutual fund and ETF flows as of December..
BUX, described by the firm as one of Europe’s fastest growing neobrokers, with more than one million users in Europe,..
SIX Swiss Exchange reports that the number of ETFs listed on SIX Swiss Exchange increased by 25 in the fourth..
Ossiam has announced the launch of a new ETF, the Ossiam Shiller Barclays CAPE Global Sector Value, listed on five..

Related Articles

We are very pleased to open the voting for service providers (selected by nominations) and ETP issuers, selected by our data partners, Trackinsight, for the European ETF Express Awards, in...
Osprey Funds’ founder and CEO, Greg King, has written an open letter to Barry Silbert, majority owner of Digital Currency Group which owns Grayscale, suggesting that he uses his powers...
Comparing multifactor ETFs to the popular Marvel Avengers series may seem a bit of a stretch but recent analysis from Morningstar suggests the investment strategies have more in common with...
Canadian asset manager Mackenzie Investments, with CAD186.6 billion under management, has published its annual Mackenzie Investments Year-End ETF Report. ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by