{"id":62691,"date":"2017-04-27T01:36:00","date_gmt":"2017-04-26T23:36:00","guid":{"rendered":"http:\/\/beta.next-finance.net\/news\/european-smart-beta-etf-market-flows-accelerated-in-q1-2017-at-eur1-8bn\/"},"modified":"2019-12-31T01:54:32","modified_gmt":"2019-12-31T00:54:32","slug":"european-smart-beta-etf-market-flows-accelerated-in-q1-2017-at-eur1-8bn","status":"publish","type":"post","link":"http:\/\/beta.next-finance.net\/en\/news\/european-smart-beta-etf-market-flows-accelerated-in-q1-2017-at-eur1-8bn\/","title":{"rendered":"European Smart Beta ETF market flows accelerated in Q1 2017 at EUR1.8bn."},"content":{"rendered":"<p><em> <strong>Total Assets under Management are up 11% vs. the end of 2016, reaching EUR 31.8 billion and including a positive market impact (+4.2%). Net New Assets into Smart Beta ETFs have already reached a quarter of the record high EUR7bn figure reached in 2016. Flows were sustained in Q1 2017, especially in income generation &#038; value strategies as investors looked respectively for yield and alternative sources of return in a low return environment with positive signs on the economic front. Yet these trends decelerated in March with more limited flows on Smart Beta, especially on value.<\/strong> <\/em><\/p>\n<ul>\n<li> <strong>Risk based ETF outflows slowed down in Q1 at EUR98M vs. EUR1.5bn in Q4 2016.<\/strong><br \/>\nOutflows decelerated mainly on Min Vol\/ Min Var ETFs at EUR58M vs. EUR1.7bn in Q4<br \/>\n2016. On these ETFs, flows started to reverse in August and outgoing money accelerated<br \/>\nin September at EUR602M. Interestingly, these flows were split between outflows from US<br \/>\nand inflows from European underlyings respectively of EUR125M and EUR111M. This was<br \/>\nin a context of decreasing uncertainty on political risk in the US and in Europe.<\/li>\n<\/ul>\n<ul>\n<li> <strong>Fundamental ETFs saw increased inflows in Q1 at EUR454M vs. a 2016 quarterly<br \/>\naverage of EUR551M.<\/strong> Income generation strategies saw some flows at EUR407M<br \/>\nin a context of volatile interest rates. These were split between inflows into Japanese<br \/>\nand Developed World ETFs of EUR439M, while Global ETFs saw outflows of EUR253M.<br \/>\nIn the other micro weighted strategies, inflows into JPX-Nikkei 400 ETFs were significant<br \/>\nat EUR265M in Q1 2017.<\/li>\n<\/ul>\n<ul>\n<li> <strong>Factor allocation ETFs saw the bulk of the inflows in Q1 2017 with EUR1.5bn<br \/>\nof inflows, representing 81% of Q1 2017 Smart Beta ETF flows.<\/strong> The value factor<br \/>\ncontinued to be the winner in terms of flows in Q1 2017, boosted by stronger economic<br \/>\nconfidence. Inflows into value stood at EUR1.4bn, mainly on US underlyings but closely<br \/>\nfollowed by Europe and Developed world exposures. On the other hand, Low Vol factor and<br \/>\nmultifactor ETFs saw some outflows at EUR197M. Yet the strong positive trend towards<br \/>\nvalue slowed down in March 2017 with only EUR88M of inflows, as some investors wishing<br \/>\nto hedge against possible disappointment in the US macro pulse started switching<br \/>\nto growth strategies. <\/li>\n<\/ul>\n<p><a href=\"http:\/\/www.next-finance.net\/http:\/\/beta.next-finance.net\/wp-content\/uploads\/2017\/04\/european_smart_beta_etfs_in_march_2017_-_net_inflows_eurm_.jpg\"><img loading=\"lazy\" class=\" aligncenter size-full wp-image-62689\" src=\"IMG\/jpg\/european_smart_beta_etfs_in_march_2017_-_net_inflows_eurm_.jpg\" alt=\"european_smart_beta_etfs_in_march_2017_-_net_inflows_eurm_.jpg\" data-description=\"Sources: Monthly data in EURM from 01\/04\/2016 until 31\/03\/2017, Bloomberg, Lyxor IAM\" align=\"center\" width=\"1014\" height=\"511\" \/><\/a><div id='gallery-1' class='gallery galleryid-62691 gallery-columns-3 gallery-size-herald-lay-c1'><figure class='gallery-item'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a class=\"herald-popup\" href='http:\/\/beta.next-finance.net\/wp-content\/uploads\/2017\/04\/european_smart_beta_etfs_in_march_2017_-_net_inflows_eurm_.jpg'><img width=\"470\" height=\"313\" src=\"http:\/\/beta.next-finance.net\/wp-content\/uploads\/2017\/04\/european_smart_beta_etfs_in_march_2017_-_net_inflows_eurm_-470x313.jpg\" class=\"attachment-herald-lay-c1 size-herald-lay-c1\" alt=\"\" loading=\"lazy\" srcset=\"http:\/\/beta.next-finance.net\/wp-content\/uploads\/2017\/04\/european_smart_beta_etfs_in_march_2017_-_net_inflows_eurm_-470x313.jpg 470w, http:\/\/beta.next-finance.net\/wp-content\/uploads\/2017\/04\/european_smart_beta_etfs_in_march_2017_-_net_inflows_eurm_-300x200.jpg 300w, http:\/\/beta.next-finance.net\/wp-content\/uploads\/2017\/04\/european_smart_beta_etfs_in_march_2017_-_net_inflows_eurm_-414x276.jpg 414w, http:\/\/beta.next-finance.net\/wp-content\/uploads\/2017\/04\/european_smart_beta_etfs_in_march_2017_-_net_inflows_eurm_-640x426.jpg 640w, http:\/\/beta.next-finance.net\/wp-content\/uploads\/2017\/04\/european_smart_beta_etfs_in_march_2017_-_net_inflows_eurm_-130x86.jpg 130w, http:\/\/beta.next-finance.net\/wp-content\/uploads\/2017\/04\/european_smart_beta_etfs_in_march_2017_-_net_inflows_eurm_-187x124.jpg 187w\" sizes=\"(max-width: 470px) 100vw, 470px\" \/><\/a>\n\t\t\t<\/div><\/figure>\n\t\t<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Total Assets under Management are up 11% vs. the end of 2016, reaching EUR 31.8 billion and including a positive market impact (+4.2%). Net New Assets into Smart Beta ETFs have already reached a quarter of the record high EUR7bn figure reached in 2016. <\/p>\n","protected":false},"author":1,"featured_media":62689,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1470],"tags":[1655,1718,1651,2214,1662,1672,2118],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/62691"}],"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=62691"}],"version-history":[{"count":1,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/62691\/revisions"}],"predecessor-version":[{"id":62692,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/62691\/revisions\/62692"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/62689"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=62691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=62691"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=62691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}