A happy new year for European ETFs…..<\/p>\n
By Marl\u00e8ne Hassine Konqui, Head of ETF Research and Kristo Durbaku, ETF Research Analyst<\/strong><\/p>\n Net new assets in the European ETF market tripled to \u20ac7.6bn in January from the \u20ac2.5bn we saw in December.<\/p>\n Equity flows<\/strong> rebounded (\u20ac1.6bn from -\u20ac1.5bn) led by strong inflows into emerging markets equities (\u20ac2.4bn).<\/p>\n In contrast, their developed market counterparts suffered a poor start due to some significant outflows (-\u20ac2bn) from US equities.<\/p>\n Having lagged way behind equities in 2018, fixed income ETFs<\/strong> enjoyed their best month ever (\u20ac6.2bn), led by developed and emerging market government bonds (\u20ac2.2bn and \u20ac2.4bn respectively).<\/p>\n Smart Beta ETFs<\/strong> also enjoyed a largely positive month with net new assets of \u20ac1.4bn, but commodity flows continued their seemingly endless decline.<\/p>\n Special Focus: Investors turn defensive<\/strong><\/p>\n Investors continued to reinforce their defensive positioning in January after all of the equity market volatility we saw in Q4.<\/p>\n This helped to sustain inflows into some Smart Beta strategies. Net new assets of \u20ac1.4bn \u2013 split between developed (\u20ac1bn) and emerging (\u20ac400m) markets \u2013 amounted to the second-best month over one year.<\/p>\n Quality strategies and income-generating ETFs led the way and reached a record high of \u20ac1bn.<\/p>\n Nearly all of these flows were concentrated in developed markets. Europe took the lion\u2019s share with \u20ac451m of inflows \u2013 another new record.<\/p>\n This is all the more remarkable given traditional European equities suffered outflows of \u20ac1.3bn. Attractive equity valuations kept investors interested and invested, despite the significant economic uncertainty.<\/p>\n Investment into other defensive strategies were also significant. Minimum volatility and low volatility factor strategies gathered inflows of \u20ac496m \u2013 albeit those flows were mainly concentrated in the emerging markets (\u20ac340m).<\/p>\n Ultimately, we expect this renewed interest in Smart Beta to endure for some months given significant political and economic uncertainties and improvements in the credit markets.<\/strong><\/p>\n Source: ETFWorld<\/p>\n","protected":false},"excerpt":{"rendered":" A happy new year for European ETFs…..<\/p>\n","protected":false},"author":4,"featured_media":18285,"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":[235,234],"class_list":["post-19533","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-etf-monthly-analysis","tag-lyxor-etf","tag-lyxor-etf-money-monitor"],"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\/19533","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\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/comments?post=19533"}],"version-history":[{"count":1,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts\/19533\/revisions"}],"predecessor-version":[{"id":19534,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts\/19533\/revisions\/19534"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/media\/18285"}],"wp:attachment":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/media?parent=19533"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/categories?post=19533"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/tags?post=19533"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n