Net flows into sector-themed equity products during the first 10 months of 2020 amounted to EUR89 billion, more than triple the net sales for 2019. Assets under management amounted to EUR512.4 billion at the close of October 2020.
Global X breaks into the European market
Global X launched its first two ETFs on the London Stock Exchange – the Global X Video Games & Esports (HERU) and Global X Telemedicine & Digital Health (EDOC).
Best month ever for Europe’s equity ETFs
ETFs attracted record inflows of $121bn in November, a jump of 14.5 per cent on the previous best month for new business.
Record ETF inflows for November
In Europe, Bloomberg reported an impressive month of €12.8billion of inflows for November, most of which went into equity-based products.
VanEck launches new Bitcoin ETN on Deutsche boerse
The new VanEck product allows investors to participate directly in the performance of bitcoin without having to buy the digital currency themselves.
Demand for fixed Income ETFs continues to grow
The fixed income segment of the European ETF market has developed rapidly over the last five years with assets jumping from €95bn in 2015 to €257bn, accounting for over a quarter of the entire ETF ecosystem this side of the pond.
Is the ETF price war a thing of the past?
A cut-throat price war that has caused fees for mainstream exchange traded funds to sink to unprecedented lows may have now run its course. Average expense ratios for passive equity ETFs have almost halved from 0.34 per cent to to just 0.18 per cent in the US during the past decade.
VanEck to further expand in China
VanEck has submitted its application to establish a retail fund management business in China, becoming the fourth global manager to do so after Chinese authorities lifted restrictions on foreign ownership in April this year.
Massive outflows prior to U.S. election
Investors pulled money out of U.S.-listed ETFs this week amid a steep sell-off in global equities. The S&P 500 tumbled to nearly 10% off its all-time highs ahead of the high anticipated U.S. elections next Tuesday.
Will October inflows surpass September?
ETF promoters in Europe experienced net inflows of EUR5.9 billion for September Lipper figures show, but assets under management in the European ETF industry (EUR870.9 billion) decreased over the month.
