{"id":16066,"date":"2020-10-01T17:20:07","date_gmt":"2020-10-01T15:20:07","guid":{"rendered":"http:\/\/starthostunlimiteddmffassi-ss.stackstaging.com\/etfworld.es\/?p=16066"},"modified":"2020-10-14T18:04:17","modified_gmt":"2020-10-14T16:04:17","slug":"refinitiv-european-etf-market-september-2020","status":"publish","type":"post","link":"https:\/\/www.etfworld.com\/es\/refinitiv-european-etf-market-september-2020\/","title":{"rendered":"Refinitiv : European ETF Market, September 2020"},"content":{"rendered":"

Refinitiv: September was another positive month for the European ETF industry since promoters enjoyed inflows as economies and securities markets stabilized further after the coronavirus lockdown-induced economic downturn<\/p>\n

Si desea recibir las principales noticias de ETFWorld.es suscr\u00edbase a nuestros Newsletters gratuitos. Haga clic aqu\u00ed para suscribirse gratuitamente<\/a><\/strong><\/span><\/p>\n

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By Detlef Glow, Lipper\u2019s head of EMEA research at Refinitiv<\/strong><\/p>\n

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The negative performance of the underlying markets led to decreasing assets under management (from \u20ac877.1 bn as of August 31, 2020, to \u20ac870.9 bn at the end of September) despite net inflows.<\/p>\n

This means the decrease of \u20ac6.2 bn for September was driven by the performance of the underlying markets (-\u20ac12.1 bn), while net sales contributed inflows of \u20ac5.9 bn to assets under management.<\/p>\n

It was not surprising equity funds (\u20ac576.0 bn) held the majority of assets, followed by bond funds (\u20ac258.9 bn), commodities products (\u20ac25.1 bn), alternative UCITS products (\u20ac5.9 bn), money market funds (\u20ac3.1 bn), mixed-assets funds (\u20ac1.8 bn), and \u201cother\u201d funds (\u20ac0.2 bn).<\/p>\n<\/div>\n<\/div>\n

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Graph 1: Market Share, Assets Under Management in the European ETF Segment by Asset Type, September 30, 2020<\/strong><\/p>\n

\"13-10-20<\/a><\/p>\n

Source: Refinitiv Lipper<\/p>\n

Fund Flows by Asset Type<\/strong><\/p>\n

The European ETF industry enjoyed estimated net inflows for September (+\u20ac5.9 bn) which were below the rolling 12-month average.<\/p>\n

The outflows decreased the rolling 12-month average to \u20ac7.5 bn from \u20ac8.7 bn in August 2020.<\/p>\n

The inflows in ETFs were driven by equity ETFs (+\u20ac6.9 bn), followed by alternative UCITS ETFs (+\u20ac0.1 bn), \u201dother\u201d ETFs (+\u20ac0.01 bn), and mixed-assets ETFs (+\u20ac0.004 bn).<\/p>\n

Meanwhile, money market ETFs (-\u20ac0.1 bn), bond ETFs (-\u20ac0.2 bn), and commodities ETFs (-\u20ac0.9 bn) faced outflows for the month.<\/p>\n

This flow pattern drove the estimated overall net inflows to \u20ac5.9 bn for the month and \u20ac45.8 bn year to date<\/strong>.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

Graph 2: Estimated Net Sales by Asset Type, September 2020 (Euro Millions)<\/strong><\/p>\n

\"13-10-20<\/a><\/p>\n

Source: Refinitiv Lipper<\/p>\n<\/div>\n<\/div>\n<\/div>\n

Source: ETFWorld<\/p>\n

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