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ETFGI reports that assets invested in ETFs and ETPs listed in Europe are back over the $1tn milestone at the end of June 2020

Wednesday, July 29, 2020
Opalesque Industry Update - ETFGI, an independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that ETFs and ETPs listed in Europe reported net inflows of US$11.38 billion during June, bringing year-to-date net inflows to US$32.65 billion which is below the US$44.12 billion gathered at this point in 2019.

Assets invested in the European ETFs/ETPs industry have increased by 4%, from US$968.88 billion at the end of May, to US$1.01 trillion, the third highest level on record, according to ETFGI's June 2020 European ETFs and ETPs industry landscape insights report, an annual paid-for research subscription service.

Assets invested in the European ETFs and ETPs industry are back over $1 trillion milestone at end of June reaching the 3rd highest level on record.

ETFs and ETPs listed in Europe reported net inflows of $11.38 billion during June.

Commodity ETFs/ETPs gathered year-to-date net inflows of $15.16 billion, much higher than the $3.13 billion had attracted by this time last year.

"The S&P 500 gained 1.99% during June. In Q2, U.S. equities staged a recovery from the Q1's decline. Although Covid cases in the U.S. are still increasing the stimulus from the Fed and Congress, aided the market rebound. During June developed markets outside the U.S. were up 3.44% and up 16.8% in Q2. In June Hong Kong (up 11.35%), New Zealand (up 10.09%) Netherlands (up 8%) and Germany (up 6.08%) as the top performers. Emerging markets gained 7.6% in June and are up 19.3% in Q2." According to Deborah Fuhr, managing partner, founder and owner of ETFGI.

At the end of June 2020, the European ETF/ETP industry had 2,264 ETFs/ETPs, with 8,638 listings, assets of $1.01 Tn, from 69 providers listed on 28 exchanges in 23 countries.

Fixed income ETFs/ETPs listed in Europe gathered net inflows of $8.6 Bn during June, bringing net inflows for the year 2020 to $20.48 Bn, lower than the $31.73 Bn in net inflows gathered at this point in 2019. Equity ETFs/ETPs listed in Europe gathered net inflows of $4.6 Bn during June, bringing net outflows for the year to $1.8 Bn, lower than the $6.57 Bn in net inflows equity products had reported at this point in 2019. Commodity ETFs/ETPs gathered $904 Mn in net inflows bringing net inflows to $15.16 Bn for 2020, which is much higher than the $3.13 Bn in net inflows gathered year to date at this point in 2019.

Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $8.94 Bn during June. The UBS ETFs plc - MSCI ACWI SF UCITS ETF A - Acc (ACWIA SW) gathered $960 Mn alone.

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