{"id":19865,"date":"2019-05-23T11:42:13","date_gmt":"2019-05-23T10:42:13","guid":{"rendered":"http:\/\/starthostunlimiteddmffassi-ss.stackstaging.com\/etfworld.co.uk\/?p=19865"},"modified":"2020-05-12T10:57:07","modified_gmt":"2020-05-12T09:57:07","slug":"amundi-etf-etf-market-flows-analysis-april-2019","status":"publish","type":"post","link":"https:\/\/www.etfworld.com\/nl\/amundi-etf-etf-market-flows-analysis-april-2019\/","title":{"rendered":"Amundi ETF: Market Flows analysis Europe and World April 2019"},"content":{"rendered":"<p style=\"text-align: justify;\"><span lang=\"en-GB\">In April, when looking at global inflows, we observe that risk appetite turned in favor of equity exposures compared to March&#8230;<\/span><\/p>\n<p><!--more--><\/p>\n<p><strong>Global Flows of April 2019, in a nutshell<\/strong><\/p>\n<p>+39.3bn\u20ac   (Total net flows)<\/p>\n<p>+14.3bn\u20ac  (North Am equities)<\/p>\n<p>+6.3bn\u20ac  (Sectors &amp; Smart Beta equities)<\/p>\n<p>+5.2bn\u20ac  (Corporate bonds)<\/p>\n<p style=\"text-align: justify;\"><strong>Monthly new net assets were mostly invested in Equity ETFs, that attracted more than 28bn\u20ac in the world.<\/strong><\/p>\n<p style=\"text-align: justify;\"><strong>These flows were mainly driven by North America stocks,<\/strong> which accounted half of net new assets, followed by Sectors &amp; Smart Beta exposures with 6.3bn\u20ac, Japanese stocks with 5.6bn\u20ac and Emerging Markets equities with 1.6bn\u20ac of inflows.<\/p>\n<p style=\"text-align: justify;\"><strong> European equities also got back to a positive scenario<\/strong> with close to +710m\u20ac of new net assets in April vs -730m\u20ac in March.<\/p>\n<p style=\"text-align: justify;\">While on the fixed income side, the asset class attracted less money compared to previous months, with +12.3bn\u20ac vs +17.5bn\u20ac in March.<\/p>\n<p style=\"text-align: justify;\">Within the asset class, Corporate bond ETFs remained preferred by investors\u2019 with 5.2bn\u20ac followed by Government Debt ETFs with more than 3.1bn\u20ac of net new assets in April.<\/p>\n<p><strong>European Flows this month highlights <\/strong>+3.6bn\u20ac : (Total net flows in Europe)<\/p>\n<p><strong>Equities : -692m \u20ac<\/strong><\/p>\n<p>\u2013 Trends in investors\u2019 asset allocation followed the same path compared to last month, and we did not see a particular impact from recent events, such as Spanish elections or recent moves on US markets.<\/p>\n<p>\u2013 <strong>Equity ETFs continued to suffer outflows<\/strong>. Investors bought global equities, gathering 1.2bn\u20ac of net new assets while they continued to sell Eurozone stocks (-2bn\u20ac), and started selling US equity ETFs in a limited proportion however.<\/p>\n<p>\u2013<strong> Inflows on global Emerging Markets Equities were even bigger compared to previous month<\/strong>s, showing that the EM exposures are regaining investors\u2019 attention and amounted to close to 930m\u20ac of new net assets during the month.<\/p>\n<p>\u2013<strong> On smart beta, we saw very positive flows<\/strong> (+1.4bn\u20ac), compared to last month. Mostly on defensive factors (quality and minimum volatility).<\/p>\n<p>\u2013 <strong>The interest for SRI is continuously growing in Europe<\/strong>, where we observed close to 270m\u20ac of flows for sustainable ETFs during the month, mainly on global equities, followed by Europe and Emerging Markets stocks.<\/p>\n<p><strong>Bonds : + 4.3bn\u20ac <\/strong><\/p>\n<p>\u2013 In Europe, <strong>Fixed Income ETFs c<\/strong>ontinued to benefit from inflows in April, but at a lower scale compared to the previous months.<\/p>\n<p>\u2013 On the <strong>government debt side<\/strong>, emerging countries continued to be favored by European investors, with close to 1bn\u20ac of net new assets.<\/p>\n<p>\u2013 On the <strong>Corporate side<\/strong>, April saw a switch compared to last month in Europe, this time high yield Eurozone bonds are in the top of the month inflows, with 965m\u20ac of new net assets, followed by Eurozone investment grade credit, amounting close to 765 m\u20ac of inflows.<\/p>\n<p>Source: ETFWorld<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In April, when looking at global inflows, we observe that risk appetite turned in favor of equity exposures compared to March&#8230;<\/p>\n","protected":false},"author":4,"featured_media":19725,"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":[158],"class_list":["post-19865","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-maandelijkse-etf-analyse","tag-amundi-etf"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"_links":{"self":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/19865","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/comments?post=19865"}],"version-history":[{"count":5,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/19865\/revisions"}],"predecessor-version":[{"id":19870,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/19865\/revisions\/19870"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/media\/19725"}],"wp:attachment":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/media?parent=19865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/categories?post=19865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/tags?post=19865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}