{"id":26249,"date":"2022-01-10T12:10:03","date_gmt":"2022-01-10T11:10:03","guid":{"rendered":"https:\/\/www.etfworld.com\/ch\/?p=26249"},"modified":"2022-01-10T12:10:50","modified_gmt":"2022-01-10T11:10:50","slug":"vanguard-etf-rueckblick-auf-den-europaeischen-etf-markt-dezember","status":"publish","type":"post","link":"https:\/\/www.etfworld.com\/ch\/vanguard-etf-rueckblick-auf-den-europaeischen-etf-markt-dezember\/","title":{"rendered":"Vanguard ETF: R\u00fcckblick auf den europ\u00e4ischen ETF-Markt: Dezember"},"content":{"rendered":"<p style=\"text-align: justify;\">Vanguard ETF : In Europa domizilierte b\u00f6rsengehandelte Fonds verzeichneten im Dezember[1] den einundzwanzigsten Monat in Folge Zufl\u00fcsse, die Fondsverm\u00f6gen nahmen um 10,8 Mrd. USD zu.<\/p>\n<p style=\"text-align: justify;\"><!--more--><\/p>\n<div class=\"col margin col-left\" style=\"text-align: justify;\">\n<p style=\"text-align: center;\"><a href=\"\/newsletter\"><strong>Abonnieren Sie unseren kostenloser Newsletter<\/strong><\/a><\/p>\n<hr \/>\n<\/div>\n<div class=\"col margin col-left\" style=\"text-align: justify;\">\n<p><strong>Andreas Zingg, Head of Switzerland &amp; Liechtenstein, Vanguard Investments Switzerland GmbH<\/strong><\/p>\n<hr \/>\n<p>Im gesamten Jahr 2021 beliefen sich die Zufl\u00fcsse auf \u00fcber 193 Mrd. USD.<\/p>\n<p><strong>Aktien-ETFs<\/strong> verzeichneten im Dezember Nettomittelzufl\u00fcsse von 5,0 Mrd. USD, ein R\u00fcckgang gegen\u00fcber den 10,3 Mrd. USD im November. \u00dcber das Gesamtjahr gesehen leisteten Aktien-ETFs mit 139 Mrd. USD den gr\u00f6ssten Beitrag zum Wachstum der ETF-Verm\u00f6gen.<\/p>\n<p><strong>Obligationen-ETFs<\/strong> verzeichneten im Dezember Neugelder in der H\u00f6he von 4,7 Milliarden Dollar, verglichen mit den 5,3 Milliarden Dollar im Vormonat. \u00dcber das gesamte Jahr gesehen zogen Obligationen-ETFs 43 Milliarden Dollar an.<\/p>\n<p><strong>Die Zufl\u00fcsse bei den in Europa domizilierten b\u00f6rsengehandelten Fonds verlangsamten sich im Dezember ($10,8 Milliarden) gegen\u00fcber dem Vormonat ($16,1 Milliarden).<\/strong> Die Marktzufl\u00fcsse verteilten sich relativ gleichm\u00e4ssig auf Aktien- und Obligationenstrategien mit $5,0 Milliarden bzw. $4,7 Milliarden. Rohstoff-ETFs verzeichneten im Dezember Zufl\u00fcsse von $1,0 Milliarden, nachdem sie im November Abfl\u00fcsse von -$158 Millionen hinnehmen mussten.<\/p>\n<p>Im Gesamtjahr 2021 registrierten die in Europa domizilierten ETFs Zufl\u00fcsse von $ 193 Milliarden, im Monatsdurchschnitt sind das $16 Milliarden. Mehr als 70 % des neuen Fondsverm\u00f6gens entfielen auf Aktien-ETFs (139 Mrd. USD), w\u00e4hrend festverzinsliche Wertpapiere um 43 Mrd. USD zulegten.<\/p>\n<p>Innerhalb der <strong>Aktien<\/strong> f\u00fchrten nachhaltige Engagements im Dezember erneut die Zufl\u00fcsse an und nahmen fast 10,0 Mrd. USD ein, wobei Engagements in den USA (4,5 Mrd. USD), Europa (1,9 Mrd. USD) und weltweit (1,8 Mrd. USD) am beliebtesten waren. Thematische Engagements lagen mit $0,7 Milliarden weit abgeschlagen an zweiter Stelle, wobei globale Anlagen den Grossteil der Zufl\u00fcsse verzeichneten, w\u00e4hrend China-Engagements leicht abnahmen. Core-ETF-Engagements erlitten im Dezember Abfl\u00fcsse von $ 3,1 Milliarden, die die Zufl\u00fcsse von $ 2,9 Milliarden des Vormonats mehr als ausglichen. Bei den Core-ETF-Strategien verzeichneten globale (-$2,4 Mrd.), japanische (-$0,7 Mrd.) und Schwellenl\u00e4nder-ETFs (-$0,7 Mrd.) Abfl\u00fcsse, w\u00e4hrend die ETFs mit Fokus Vereinigte Staaten ($1,9 Mrd.) und Europa ohne Grossbritannien ($0,6 Mrd.) Zufl\u00fcsse erzielten. Smart-Beta-Strategien waren mit Abfl\u00fcssen von 1,1 Mrd. USD der zweitgr\u00f6sste Verlierer, w\u00e4hrend globale Engagements (- 0,6 Mrd. USD) und in Europa (- 0,5 Mrd. USD) die gr\u00f6ssten Abfl\u00fcsse verzeichneten.<\/p>\n<p>Bei den <strong>Obligationen<\/strong> trugen Staats-, Unternehmens- und Gesamtanleihen-ETFs mit $2,4 Milliarden, $1,5 Milliarden bzw. $1,1 Milliarden am meisten zu den Zufl\u00fcssen in Obligationen-ETFs von $4,7 Milliarden bei. Bei den Staatsanleihen erwiesen sich die ETF-Strategien auf US-Schatzanleihen im Dezember als beliebt ($1,8 Milliarden), gefolgt von ETFs auf Staatsanleihen der Schwellenl\u00e4nder ($0,6 Milliarden) und japanische Staatsanleihen ($0,5 Milliarden). Chinesische Staatsanleihen verzeichneten im Dezember Abfl\u00fcsse von $0,6 Milliarden. Die Zufl\u00fcsse in b\u00f6rsengehandelte Unternehmensanleihen wurden in erster Linie von den Engagements in Europa ($1,1 Milliarden) und den USA ($0,5 Milliarden) getragen. Innerhalb des gesamten Anleihesegments verzeichneten globale und US-amerikanische Engagements mit $0,5 Milliarden bzw. $0,4 Milliarden die gr\u00f6ssten Zufl\u00fcsse. Hochzins-ETF-Engagements erlitten Nettoabfl\u00fcsse in H\u00f6he von $0,5 Milliarden, wobei die Strategien f\u00fcr die USA (-$0,4 Milliarden) und die Eurozone (-$0,2 Milliarden) am meisten verloren, w\u00e4hrend Hochzins-ETFs f\u00fcr Asien (ohne Japan) Zufl\u00fcsse in H\u00f6he von $90 Millionen verzeichneten.<\/p>\n<p><strong>Rohstoff-ETFs<\/strong> sammelten im Dezember $1,0 Milliarden ein. Den Zufl\u00fcssen von $1,2 Milliarden in breite Engagements standen Abfl\u00fcsse von -$0,2 Milliarden aus Edelmetall-ETFs gegen\u00fcber.<\/p>\n<h6>Vanguard UCITS ETFs<\/h6>\n<p>Im Dezember verzeichnete die Vanguard UCITS ETF-Palette Nettomittelzufl\u00fcsse von ca. $478 Millionen, die in erster Linie auf die Bereiche Aktien ($501 Millionen) und Multi-Asset ($47 Millionen) zur\u00fcckzuf\u00fchren sind. Bei den <strong>Aktien<\/strong> verzeichneten der Vanguard S&amp;P 500 UCITS ETF und der Vanguard FTSE All-World UCITS ETF mit 523 Mio. $ bzw. 394 Mio. $ die gr\u00f6ssten Zunahmen. Der Vanguard FTSE 250 UCITS ETF und der Vanguard FTSE Developed Europe UCITS ETF waren mit Abfl\u00fcssen von 282 Mio. USD bzw. 275 Mio. USD die gr\u00f6ssten Verlierer.<\/p>\n<p>Die Palette der festverzinslichen UCITS ETF von Vanguard musste im Dezember Abfl\u00fcsse in H\u00f6he von rund 70 Mio. USD hinnehmen, was haupts\u00e4chlich auf Abfl\u00fcsse aus dem Vanguard USD Treasury Bond UCITS ETF (-83 Mio. USD) und dem Vanguard USD Emerging Markets Government Bond UCITS ETF (-75 Mio. USD) zur\u00fcckzuf\u00fchren war. Die Abfl\u00fcsse aus festverzinslichen Wertpapieren wurden teilweise durch positive Zufl\u00fcsse in den Vanguard Global Aggregate Bond UCITS ETF ($35 Millionen) und den Vanguard EUR Corporate Bond UCITS ETF ($29 Millionen) ausgeglichen.<\/p>\n<p>Die <strong>Vanguard LifeStrategy UCITS ETF-Reihe<\/strong> erfreute sich mit Zufl\u00fcssen in H\u00f6he von $47 Millionen weiterhin eines grossen Anlegerinteresses.<\/p>\n<p><span style=\"font-size: 8pt;\">[1] Quelle: Vanguard, ETFbook, Stand 31.Dezember 2021. Daten erhoben am 5. 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