{"id":72784,"date":"2018-07-17T00:15:00","date_gmt":"2018-07-16T22:15:00","guid":{"rendered":"http:\/\/beta.next-finance.net\/news\/etfgi-reports-44th-consecutive-month-of-net-inflows-into-etfs-and-etps-listed-in-europe-with-us2-89-billion-in-net-new-assets-during-may-2018\/"},"modified":"2020-01-01T22:25:09","modified_gmt":"2020-01-01T21:25:09","slug":"etfgi-reports-44th-consecutive-month-of-net-inflows-into-etfs-and-etps-listed-in-europe-with-us2-89-billion-in-net-new-assets-during-may-2018","status":"publish","type":"post","link":"http:\/\/beta.next-finance.net\/en\/news\/etfgi-reports-44th-consecutive-month-of-net-inflows-into-etfs-and-etps-listed-in-europe-with-us2-89-billion-in-net-new-assets-during-may-2018\/","title":{"rendered":"ETFGI reports 44th consecutive month of net inflows into ETFs and ETPs listed in Europe with US$2.89 billion in net new assets during May 2018"},"content":{"rendered":"

Net new assets are behind last year on both a year-to-date and monthly basis. The $2.89 Bn gathered during May 2018 was 77.2% less than the $12.7 Bn in net inflows during this month last year. Similarly, year-to-date net inflows for 2018 reached US$27.4 Bn at the end of May, which is less than the US$35.4 Bn in net inflows at this point last year.<\/p>\n

According to ETFGI\u2019s May 2018 European ETF and ETP industry insights report, an annual paid-for research subscription service, assets invested in ETFs\/ETPs listed in Europe decreased by $10.5 Bn during May 2018. At the end of May 2018, the European ETF\/ETP industry had 2,324 ETFs\/ETPs, with 7,684 listings, assets of $819.7 Bn, from 66 providers on 27 exchanges.<\/p>\n

\"european_etf_and_etp_asset_growth_as_at_end_of_may_2018.jpg\"<\/a><\/p>\n

Equity ETFs\/ETPs gathered the largest net inflows of $2.07 Bn during May, bringing net new assets for 2018 to $23.7 Bn, which is lower than the $32.6 Bn in net inflows at this point last year. Fixed income products experienced their largest net outflows of the year with $714 Mn during May, bringing net inflows for 2018 to $4.20 Bn, which is also less than the $12.4 Bn in net inflows at this point last year.<\/p>\n

The majority of net inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $15.5 Bn during 2018. The iShares Core MSCI EM IMI UCITS ETF (EMIM LN) on its own accounted for net inflows of $1.75 Bn. Notably, the top three ETFs\/ETPs by net inflows year-to-date end had equity exposure outside Europe.<\/p>\n

\"top_20_etfs_by_net_new_assets_-_europe-2.jpg\"<\/a><\/p>\n

Similarly, the top 10 ETPs by net new assets collectively gathered $3.17 Bn year-to-date during 2018.<\/p>\n

\"top_10_etps_by_net_new_assets_-_europe.jpg\"<\/a><\/p>\n

During May 2018, Investors\u2019 concerns around current geopolitical risks translated into a reduced appetite for products providing core equity exposure to the Eurozone and Germany.