{"id":33142,"date":"2022-09-19T12:48:53","date_gmt":"2022-09-19T11:48:53","guid":{"rendered":"https:\/\/www.etfworld.com\/nl\/?p=33142"},"modified":"2022-09-19T15:24:52","modified_gmt":"2022-09-19T14:24:52","slug":"amundi-etf-flows-analysis-september-2022","status":"publish","type":"post","link":"https:\/\/www.etfworld.com\/nl\/amundi-etf-flows-analysis-september-2022\/","title":{"rendered":"Amundi ETF Flows Analysis &#8211; September 2022"},"content":{"rendered":"<p style=\"text-align: justify;\"><span lang=\"en-GB\">Amundi ETF :\u00a0<\/span>Investors allocated \u20ac90.7bn to global exchange-traded funds over the summer with in-flows of \u20ac44.1bn in July and \u20ac46.6bn in August.<\/p>\n<p><!--more--><\/p>\n<p><a href=\"http:\/\/starthostunlimiteddmffassi-ss.stackstaging.com\/etfworld.co.uk\/newsletter\" class=\"broken_link\"><strong>Sign up to our free newsletters<\/strong><\/a><\/p>\n<hr \/>\n<p><strong>Overview<\/strong><\/p>\n<p style=\"text-align: justify;\">The majority \u2013 \u20ac85.3bn \u2013 were made in the US. Flows were positive in Asia for both months with the region adding \u20ac3.9bn in this period. But flows were mixed in Europe with the region adding \u20ac2.2bn in July and withdrawing \u20ac743m in August. Over the two months, fixed income was the most popular asset class gaining \u20ac58.8bn while equities added \u20ac41.9bn. Investors withdrew around \u20ac12bn from commodities with the bulk of the outflows happening in July when \u20ac8bn exited this asset class. Overall, the level of uncertainty regarding the global economy\u2019s outlook remains high, driving investors to a more risk-off mode.<\/p>\n<p style=\"text-align: justify;\">In Europe, investors withdrew \u20ac5.3bn from equity ETFs over the two months with the majority of these outflows \u2013 \u20ac4.4bn \u2013 happening in August. In contrast, there were in-flows of \u20ac9.5bn into fixed income ETFs with flows fairly evenly split between the two months &#8211; \u20ac5.1bn in July and \u20ac4.4bn in August. Investors also withdrew \u20ac2.7bn from commodities.<\/p>\n<p style=\"text-align: justify;\"><strong>Equities<\/strong><\/p>\n<p style=\"text-align: justify;\">There were outflows of \u20ac1.4bn from regional equity UCITS ETFs in July which accelerated to \u20ac4bn in August. Key outflows were from USA and North American UCITS ETFs which gained \u20ac1.3bn in July but saw outflows of \u20ac4.3bn in August. This was mainly from indices tracking the S&amp;P 500. Investors also withdrew \u20ac1.3bn from Eurozone equities in July and \u20ac2bn in August, principally from Eurostoxx 50 indices. World equities gained \u20ac3.4bn in August.<\/p>\n<p style=\"text-align: justify;\"><strong>There were outflows from both sectors and theme UCITS ETFs as well as smart beta over the summer. Sector and theme UCITS ETFs lost \u20ac1.3bn while investors redeemed \u20ac2bn from smart beta strategies. Financial UCITS ETFs lost a total of \u20ac1.3bn over both months while investors also redeemed \u20ac1.8bn from value strategies. Investors mainly reduced their exposure to European and global value strategies.<\/strong><\/p>\n<p style=\"text-align: justify;\">While there were outflows from other equity UCITS ETFs, ESG ETFs gained \u20ac5.5bn in July and \u20ac1.5bn in August. US and North America along with global emerging markets were the key regional gains adding \u20ac2.9bn and \u20ac1.2bn respectively. This was an acceleration in allocations compared with recent months.<\/p>\n<p style=\"text-align: justify;\"><strong>Fixed Income<\/strong><\/p>\n<p style=\"text-align: justify;\">Investors preferred fixed income to equities with corporate debt gaining \u20ac5.3bn while government bonds added \u20ac4bn. In their search for quality, investors allocated \u20ac1.4bn in July and a \u20ac1.5bn to Eurozone corporate debt and \u20ac2.1bn to US corporate debt strategies. Over the same period, they withdrew \u20ac767m from US high yield strategies.<\/p>\n<p style=\"text-align: justify;\"><strong>US was the most popular region for government bonds. Over both months, investors allocated \u20ac1.6bn to USA mid, \u20ac900m to USA broad and \u20ac800 to USA long strategies. Investors withdrew \u20ac804m from government emerging markets in July but then added \u20ac1.3bn to these strategies in August.<\/strong><\/p>\n<p style=\"text-align: justify;\">Investors withdrew \u20ac1.3bn from US inflation-linked strategies as well as \u20ac615m from Chinese government debt.<\/p>\n<p style=\"text-align: justify;\"><strong>As with equities, investment into fixed income ESG strategies accelerated over the summer with these strategies gaining \u20ac5.1bn, with around \u20ac2bn allocated to corporate Eurozone strategies. Investors favoured both short and broad maturities.<\/strong><\/p>\n<p style=\"text-align: justify;\">Source: ETFWorld<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amundi ETF :\u00a0Investors allocated \u20ac90.7bn to global exchange-traded funds over the summer with in-flows of \u20ac44.1bn in July and \u20ac46.6bn in August.<\/p>\n","protected":false},"author":4,"featured_media":23603,"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-33142","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\/33142","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=33142"}],"version-history":[{"count":1,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/33142\/revisions"}],"predecessor-version":[{"id":33143,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/33142\/revisions\/33143"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/media\/23603"}],"wp:attachment":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/media?parent=33142"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/categories?post=33142"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/tags?post=33142"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}