{"id":16131,"date":"2018-07-18T23:00:00","date_gmt":"2018-07-18T22:00:00","guid":{"rendered":"http:\/\/starthostunlimiteddmffassi-ss.stackstaging.com\/etfworld.co.uk\/index.php\/2018\/07\/18\/etf-market-flows-analysis-europe-and-world-june-2018\/"},"modified":"2018-10-10T10:53:15","modified_gmt":"2018-10-10T09:53:15","slug":"etf-market-flows-analysis-europe-and-world-june-2018","status":"publish","type":"post","link":"https:\/\/www.etfworld.com\/co.uk\/etf-market-flows-analysis-europe-and-world-june-2018\/","title":{"rendered":"ETF Market Flows Analysis Europe and World &#8211; June 2018"},"content":{"rendered":"<p style=\"text-align: justify;\"><span lang=\"en-GB\">The first half of 2018 saw the global ETF market collect more than 188 billion euros, the vast majority of these in equity ETFs (more than 125 billion)&#8230;.<\/span><\/p>\n<p><!--more--><\/p>\n<p><strong>Philip Philippides, Head of Amundi ETF &amp; Indexing Sales for UK and Ireland<\/strong><\/p>\n<hr \/>\n<p style=\"text-align: justify;\">Flows slowed in June to 5.5 billion euros, of which slightly under one billion went into the European market.<\/p>\n<p style=\"text-align: justify;\">The ETF market closed the first half of 2018 with a contrasting month in June across its three main geographical areas. While in Asia, inflows remained dynamic at \u20ac6.2 billion, they were lower in Europe (+0.98 billion) and even more so in the United States (-1.6 billion).<\/p>\n<p style=\"text-align: justify;\">Worldwide, the global ETF market gained 5.5 billion net subscriptions over the past month, totalling more than 188 billion since the beginning of the year.<\/p>\n<p style=\"text-align: justify;\"><strong>US equities preferred<\/strong><\/p>\n<p style=\"text-align: justify;\">In the European market specifically, equity ETFs suffered from 235 million euros of withdrawals in June.<\/p>\n<p style=\"text-align: justify;\">As in previous months, European investors continued to favour North American equities (+\u20ac2 billion), global equity ETFs (+576 million) and even European equity ETFs (+726 million), at the expense of Eurozone (-824 million), Japanese (-1.29 billion) and emerging market ETFs (-1.54 billion).<\/p>\n<p style=\"text-align: justify;\">Among <strong>Smart Beta ETFs<\/strong>, multi-factor approaches continued to prove attractive (+114 million), though investors reduced their exposure to the value strategy (-381 million).<\/p>\n<p style=\"text-align: justify;\"><strong>Floating Rate Notes seduce<\/strong><\/p>\n<p style=\"text-align: justify;\">As far as fixed income ETFs are concerned, there is a waitand-see attitude in Europe: they only managed to attain 998 million euros of net subscriptions in June.<\/p>\n<p style=\"text-align: justify;\">European investors continued to show their reluctance to return to corporate bonds, with only \u20ac35 million of net inflows, explained by the good performance of floating rate notes (+197 million), against withdrawals from Eurozone corporate bonds (investment grade and high yield).<\/p>\n<p style=\"text-align: justify;\">Arbitrage in favour of sovereign bonds was limited to +769 million, with a more marked interest in the US market (particularly through inflation-linked bonds).<\/p>\n<p>Source: ETFWorld<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The first half of 2018 saw the global ETF market collect more than 188 billion euros, the vast majority of these in equity ETFs (more than 125 billion)&#8230;.<\/p>\n","protected":false},"author":3,"featured_media":18310,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"telegram_tosend":false,"telegram_tosend_message":"","telegram_tosend_target":0,"footnotes":"","_wpscp_schedule_draft_date":"","_wpscp_schedule_republish_date":"","_wpscppro_advance_schedule":false,"_wpscppro_advance_schedule_date":"","_wpscppro_dont_share_socialmedia":false,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"","_twitter_share_type":"","_linkedin_share_type":"","_pinterest_share_type":"","_linkedin_share_type_page":"","_instagram_share_type":"","_medium_share_type":"","_threads_share_type":"","_google_business_share_type":"","_selected_social_profile":[],"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[231],"tags":[205,158,97],"class_list":["post-16131","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-etf-monthly-analysis","tag-amundi","tag-amundi-etf","tag-etf"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"_links":{"self":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts\/16131","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/comments?post=16131"}],"version-history":[{"count":1,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts\/16131\/revisions"}],"predecessor-version":[{"id":18885,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts\/16131\/revisions\/18885"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/media\/18310"}],"wp:attachment":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/media?parent=16131"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/categories?post=16131"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/tags?post=16131"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}