Assets under management in ETPs and ETFs globally have surpassed the $5trn mark after a record-breaking month of inflows in January 2018, with equity ETFs seeing particularly strong inflows before the sell-off that cooled some of the heat in the stock market at the end of the month.
US equity ETFs
European equity ETFs have seen subdued demand in the first month of 2018, having suffered net outflows of nearly €3.5bn, while US equities were the stars of the show, taking in almost €40bn during January.
US investors have started selling their exposures to European equity ETFs as a strengthening dollar is drawing attention to domestic assets, while European counterparts continue to buy into local equities. Elsewhere, US financials are on track for the biggest annual inflows since 2013.