{"id":57532,"date":"2016-10-24T01:30:00","date_gmt":"2016-10-23T23:30:00","guid":{"rendered":"http:\/\/beta.next-finance.net\/news\/european-smart-beta-etf-market-flows-continued-to-be-sustained-in-q3-2016\/"},"modified":"2016-10-24T01:30:00","modified_gmt":"2016-10-23T23:30:00","slug":"european-smart-beta-etf-market-flows-continued-to-be-sustained-in-q3-2016","status":"publish","type":"post","link":"http:\/\/beta.next-finance.net\/en\/news\/european-smart-beta-etf-market-flows-continued-to-be-sustained-in-q3-2016\/","title":{"rendered":"European Smart Beta ETF market flows continued to be sustained in Q3 2016."},"content":{"rendered":"<p><em> <strong>New assets into Smart Beta ETFs are already one and a half times the level<br \/>\nfor the whole of 2015. Year to date, ETF flows were sustained especially<br \/>\nin the minimum volatility, dividend &#038; multi-factor strategies as investors<br \/>\nlooked respectively for risk control, yield and alternative sources of return<br \/>\nin a highly uncertain and low interest rate environment.<\/strong> <\/em><\/p>\n<ul>\n<li> <strong>Risk based ETFs saw reduced flows in Q3 at EUR246M<\/strong> vs. a year to date quarterly<br \/>\naverage of EUR908M. Flows were mainly reduced on Min Vol\/Min Var ETFs at EUR261M<br \/>\nin Q3 vs. a year to date quarterly average of EUR881M. On these ETFs, flows started<br \/>\nto reverse in August and outflows accelerated in September at EUR602M. Interestingly,<br \/>\nthese outflows were mainly concentrated on US underlyings in a context of decreasing<br \/>\nuncertainty on the US following the Fed\u2019s positive comments on the strengths of the<br \/>\neconomy and its willingness to normalize before year end.<\/li>\n<\/ul>\n<ul>\n<li> <strong>Fundamental ETF inflows increased significantly in Q3 at EUR1.1bn<\/strong> vs. a year to<br \/>\ndate quarterly average of EUR651M. Dividend ETFs saw significant inflows at EUR1.2bn<br \/>\nwith investors starving for yield in a low\/zero interest rate environment. Both US and<br \/>\nEuropean products were in investors\u2019 favour respectively at EUR599M and EUR365M.<br \/>\nIn these two parts of the world, the low\/zero interest rate environment triggered a search<br \/>\nfor yield. Such ETFs can act as substitutes to fixed income with attractive yield and solid<br \/>\ncredit profiles.<\/li>\n<\/ul>\n<ul>\n<li> <strong>Factor allocation ETF flows were positive throughout 2016 although they slowed<br \/>\ndown in Q3 at EUR329M<\/strong>, vs. a year to date quarterly average of EUR593M. The top 3<br \/>\nfactors in demand were Quality, Value and Momentum representing nearly \u00be of total flows<br \/>\nfor this segment. Flows were mainly focused on developed country underlyings.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Net New Assets (NNA) year to date amounted to EUR6.5bn.<br \/>\nTotal Assets under Management are up 39% vs. the end of 2015, reaching<br \/>\nEUR 25.3 billion and including a significant market impact (9.1%*). <\/p>\n","protected":false},"author":1,"featured_media":57530,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1470],"tags":[1655,1718,1651,2007,1662,2234,1672],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/57532"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=57532"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/57532\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/57530"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=57532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=57532"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=57532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}