Money was added to the space across regions, as opposed to June’s strong APAC-domiciled focus, although single country products were the “main beneficiaries”, with China “in particular” benefiting.
ETF Salary survey analysis: ‘Money isn’t everything’
A Blackwater global salary survey of the ETF industry highlights a few trends that both confirms some widely held beliefs and introduced new ways of thinking about how money motivates people.
Blackwater global ETF Salary Survey 2020
Did you know that in 2020 employees in the US and Canada received the highest salaries across the industry, while in Europe the lowest? In this global ETF salary survey conducted over 2,000 people participating globally, we analysed by company type and role in North America, Europe and Asia Pacific. Guess which results we got.
U.S. ETF holdings hit $4.66 trillion
U.S. listed ETFs hit a record this past week of $4.66 trillion in assets passing the pre-pandemic peak.
Massive outflows from Vanguard all-world dividend ETF
The Vanguard FTSE All-World High Dividend Yield UCITS ETF (VHYL) saw $1.2bn outflows in the week to 24 July, the most across all European-listed ETFs, taking its total AUM to $1.1bn.
Thematic ETFs are having a moment
Global markets began the week in positive territory on news of upbeat vaccine trial developments and the unanimous agreement among EU leaders for an additional €750bn in coronavirus recovery funds.
June Equity ETF Flows back in positive territory
Stocks in Europe, the U.S. and China were mixed last week. The FTSE 100 jumped +3.20%, the FTSE 250 was up +0.99%, whilst the Stoxx Europe 600 saw an increase of +1.63%. The DAX was also up for the week with a positive return of +2.26%.
Vanguard pulls in $90.4bn of new assets
VanEck launched a new ETF designed to capitalise on global companies operating with a wide economic ‘moat’ over their peers.
Credit Suisse surpasses $2bn AuM
Since their return to the ETF space in March of this year, Credit Suisse’s range of ETFs have surpassed $2bn in assets under management.
China’s influence grows
China has leapfrogged the UK and France to become the world’s fifth-largest fund domicile. The Asian country pulled ahead of established asset management markets France, the UK, Japan and Australia to seize 4.1% of worldwide fund assets.
