The promoters of ETFs enjoyed net inflows (+€8.1 bn) for July and the assets under management in the European ETF industry (€582.2 bn) increased €4.6 bn for July, up from €577.6 bn at the end of June.
European investors are showing more interest in ETFs this year, with flows into European-listed products so far this year to the end of July breaking past the record net sales seen during the whole of 2016.
The promoters of ETFs enjoyed high net inflows over the course of first half 2017. In combination with positive market performance the assets under management in the European ETF industry increased for H1-2017.
In an ETF market worth close to $4 trillion, socially responsible ETFs, known as environmental, social, governance (ESG) funds, are still on the rise, but they all invest in different ways and produce very different returns.
The promoters of ETFs enjoyed net inflows (+€7.7 bn) for June. Despite these net inflows the assets under management in the European ETF industry (€577.8 bn) decreased for June, down from €577.9 bn at the end of May.
While looking at the comments of market observers on the European ETF industry, one often comes across articles predicting wider consolidation in the European ETF market. However, there has been no concurrent general consolidation taking place in the European ETF industry.