Bringing you live news and features since 2006 

Morningstar reports significant decrease in European ETF flows in second quarter of 2022  


Morningstar has published a review of the European ETF market for the second quarter 2022, which saw EUR15.8 billion of flows, a 63.17 per cent decrease from the first quarter.

The European ETF market gathered EUR15.8 billion of flows in the second quarter of 2022, a significant decrease from the first quarter’s EUR42.9 billion in flows, the firm says.


Assets under management in European ETFs dropped to EUR1.31 trillion from EUR1.42 trillion in the first quarter, reflecting the widespread negative sentiment in financial markets over the period.


Flows into environmental, social, and governance ETFs amounted to EUR6.7 billion. This represented 42 per cent of total flows into ETFs in the second quarter. European ESG ETF assets decreased to EUR216 billion from EUR232 billion in the first quarter.


Strategic-beta ETFs netted EUR3.4 billion, down from EUR7.5 billion in the first quarter. The bulk of inflows were directed to dividend strategies.


Flows into thematic ETFs totalled EUR0.6 billion, the second quarter of flows under EUR1.0 billion since 2019. Assets fell to EUR31.2 billion from EUR35.5 billion in the first quarter.


IShares topped the flows league table in the second quarter with EUR9.6 billion, Morningstar says.


Jose Garcia-Zarate, Associate Director, Passive Strategies, comments: “Generally, we are continuing to see investors favour equity market exposures. For example, 87 per cent of total ETF flows in the quarter, totalling EUR13.8 billion, was directed to equity ETFs. Although in the previous quarter assets in equity ETFs decreased by EUR85 billion, we can still identify a regular trend of favouritism toward equity market exposed ETFs. Investors pulled EUR1.5 billion from commodities exchange-traded products after the strong showing in the first quarter when these products netted EUR6.9 billion.”



Latest News

Some big forces moved further into ETF issuance this week, with Capital Group launching 12 new active/passive model portfolios, and..
ASYMmetric ETFs has announced the launch of two new funds, ASYMmetric Smart Income ETF (NYSE: MORE) and ASYMmetric Smart Alpha..
First Trust Advisors has announced the launch of a new actively managed ETF, the First Trust Multi-Strategy Alternative ETF (NYSE..
Allianz Investment Management LLC (AllianzIM), a wholly-owned subsidiary of Allianz Life Insurance Company of North America has announced the launch..

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