{"id":20348,"date":"2019-10-08T11:11:02","date_gmt":"2019-10-08T10:11:02","guid":{"rendered":"http:\/\/starthostunlimiteddmffassi-ss.stackstaging.com\/etfworld.co.uk\/?p=20348"},"modified":"2020-05-12T10:55:24","modified_gmt":"2020-05-12T09:55:24","slug":"lyxor-etf-money-monitor-september-2019","status":"publish","type":"post","link":"https:\/\/www.etfworld.com\/nl\/lyxor-etf-money-monitor-september-2019\/","title":{"rendered":"Lyxor ETF Money Monitor – September 2019"},"content":{"rendered":"

Lyxor ETF Money Monitor: In September, European ETFs recorded their best month ever, having gathered \u20ac17.3bn vs. the \u20ac8.4bn of outflows we saw in August…<\/p>\n

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By Marl\u00e8ne Hassine Konqui, Head of ETF Research and Kristo Durbaku, ETF Research Analyst<\/strong><\/p>\n

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The inflows were driven by equity ETFs,<\/strong> which also enjoyed their best month ever (+\u20ac11.1bn).<\/p>\n

Flows into fixed income (\u20ac4.3bn) and commodities ETFs (\u20ac382m) rebounded slightly.<\/strong><\/p>\n

Smart beta flows slowed from where they were in August but remained positive at \u20ac204m.<\/p>\n

Meanwhile, ESG ETFs keep breaking records. <\/strong><\/p>\n

Inflows of \u20ac1.2bn took their total for the year to \u20ac9.7bn.<\/p>\n

Signs of some support for developed market flows?<\/strong><\/p>\n

So which areas of the equity market were responsible for this latest monthly record?<\/strong><\/p>\n

Perhaps unsurprisingly, the US led the way, but Europe wasn\u2019t too far behind (+\u20ac3.9bn and +\u20ac3.2bn respectively) despite all the doom-mongering.<\/p>\n

Both categories enjoyed a strong rebound a<\/strong>nd contributed strongly to the new net flows record for the developed market equity category (+\u20ac8.9bn).<\/p>\n

Both the Fed and the ECB announced interest rate cuts last month as they struggled to stimulate their economies.<\/p>\n

This easing seems to have helped European equity markets and ETF flows recover<\/strong> some ground after massive outflows of \u20ac17.2bn over the previous ten months, but it\u2019s too early to tell whether this rebound will be short-lived or is the start of something more durable.<\/p>\n

For this more positive sentiment to endure, we suspect it may take some more fiscal activism as stated by the soon-to-be-departing Mario Draghi.<\/p>\n

Monetary policy may have reached the limits of its effectiveness.<\/p>\n

In the US, the Fed\u2019s policy of pre-emptive interest rate cuts and a resilient services sector should continue to shore up superior growth and have a positive impact on flows, even if trade war news flow triggers the odd wobble.<\/p>\n

Source: ETFWorld.co.uk<\/p>\n","protected":false},"excerpt":{"rendered":"

Lyxor ETF Money Monitor: In September, European ETFs recorded their best month ever, having gathered \u20ac17.3bn vs. the \u20ac8.4bn of outflows we saw in August…<\/p>\n","protected":false},"author":4,"featured_media":19733,"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":[97,116,234],"class_list":["post-20348","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-maandelijkse-etf-analyse","tag-etf","tag-lyxor","tag-lyxor-etf-money-monitor"],"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\/20348","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=20348"}],"version-history":[{"count":2,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/20348\/revisions"}],"predecessor-version":[{"id":20350,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/20348\/revisions\/20350"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/media\/19733"}],"wp:attachment":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/media?parent=20348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/categories?post=20348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/tags?post=20348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}