Thursday 26 September 2019

European ETFs ... ?

Okay, okay. You asked for it, dear reader(s).

European ETF promoters faced first net outflows since February 2016

The promoters of ETFs faced net outflows of €8.8 bn for August.
The assets under management in the European ETF industry (€757.0 bn) increased during August, up from €772.8 bn as of July 31, 2019.
Bond ETFs (+€3.3 bn) posted the highest net inflows in the European ETF industry for August.
The best-selling Lipper global classification for August was Bond EMU Government (+€1.1 bn), followed by Bond USD High Yield (+€0.7 bn) and Bond Global Corporates USD (+€0.6 bn).
Another Nail In My Heart.
iShares was the best-selling ETF promoter in Europe for August (+€1.2 bn), ahead of Vanguard Group (+€1.1 bn) and BNP Paribas (+€0.4 bn).
The 10 best-selling funds gathered total net inflows of €4.1 bn for August.
The best-selling ETF for August, iShares $ HighYield Corp Bond UCITS ETF USD Dist, accounted for net inflows of €0.6 bn.


And that's it! That's from the report. Well, it's a summary, anyway. 'What bloody report, boss?!' Oh, hello, Voice. These are insights from Detlef Glow, Lipper's head of EMEA research at Refinitiv. 'Yeah, great. But where's the report?' Er, that's in the attachment to the PR email. 'And are you going to -' No! No, no, no!

Let me explain something for the hard of thinking: This is the last post of the week, man. And I'm tired, tired of blogging. And I got up at five this morning. And I don't want to write about finance. So ... 'Why did you get up at five, boss?' I've been doing it a lot lately, Voice. I often get up when I wake up now. I don't go back to sleep. 'Oh.' Life is for living! It's not for staying in bed like a zombie without a plan or a clue. You dig? 'Yeah.' Good!

...

Right. Anything else? Let's play some tunes!

Cool For Cats. Squeeze. / Ha! You don't hear voices like this in pop any more.

Kinky Afro. Happy Mondays. / Nor voices like this.

Maybe such voices aren't allowed in today's world ... ?

Rainy Dayz. Mary J. Blige. / I'm fed up with all the rain, man.

What A Waster. The Libertines.

...

Ah, that's enough classics.

Pop music is crap today. / Back to Black by Amy Winehouse was recently voted the best album of this century. And that's what I said, isn't it? 'Er ...' Well, I said it was the last great album. 2006. Thirteen years ago. But I was thinking it was the best.

My music ... ?

Listen! With my new stronger voice, I - 'What?!' Not you, idiot! My voice! My vocals. 'Oh, right.' Ha!

Listen! With my new stronger voice, I should be able to record my demo with the vocals in the dominant position and the guitar just as backing - not as an equal partner, I mean - which is what you get with Redemption Song. It's the best way to go, if you want to make an impression.

Actually, let's finish with ...

Redemption Song. Bob Marley. / The guitar is a bit rough. [Compared to Steely Dan. Those slags! Oh, only joking.] Who cares?!

Have a nice weekend, kook(s)!

Laters!