Yeah, yeah. PR email from Detlef and the gang. God knows what the report for March is going to look like.
But let's not get ahead of ourselves ...
The promoters of ETFs in Europe experienced net inflows of €3.2 bn for February.
The assets under management in the European ETF industry (€839.9 bn) decreased during February due to rough market conditions.
Bond ETFs (+€2.5 bn) posted the highest net inflows in the European ETF industry for February.
The best-selling Lipper global classification for February was Equity Global (+€1.5 bn), followed by Bond EMU Government (+€1.1 bn) and Equity US (+€1.1 bn).
The Other Side Of Life. Uh ... Japan. Not ...
Xtrackers was the best-selling ETF promoter in Europe for February (+€1.8 bn), ahead of Vanguard Group (+€0.9 bn) and UBS ETF (+€0.5 bn).
The 10 best-selling funds gathered total net inflows of €4.6 bn for February.
The best-selling ETF for February, UBS ETF MSCI Emerging Markets UCITS ETF (USD) Aa, accounted for net inflows of €0.9 bn.
The assets under management in the European ETF industry (€839.9 bn) decreased during February due to rough market conditions.
Bond ETFs (+€2.5 bn) posted the highest net inflows in the European ETF industry for February.
The best-selling Lipper global classification for February was Equity Global (+€1.5 bn), followed by Bond EMU Government (+€1.1 bn) and Equity US (+€1.1 bn).
The Other Side Of Life. Uh ... Japan. Not ...
Xtrackers was the best-selling ETF promoter in Europe for February (+€1.8 bn), ahead of Vanguard Group (+€0.9 bn) and UBS ETF (+€0.5 bn).
The 10 best-selling funds gathered total net inflows of €4.6 bn for February.
The best-selling ETF for February, UBS ETF MSCI Emerging Markets UCITS ETF (USD) Aa, accounted for net inflows of €0.9 bn.
Obviously, March will be different. / Anyway ...
Detlef Glow, Lipper Head of EMEA Research at Refinitiv, comments: "Despite rough market conditions, February was another positive month for the European ETF industry as the promoter of ETFs enjoyed inflows. The combination of below average inflows and a negative performance of the underlying markets led to a decrease in assets under management from €883.0 bn as of January 31, 2020, to €839.9 bn at the end of February. The decrease of €43.1 bn for February was driven by the performance of the underlying markets (-€46.3 bn), while the net inflows contributed €3.2 bn to the decrease in assets."
Thanks, Detlef!
ENDS
...
Anything else? Well, I've been looking at the Sloop Inn St Ives webcam. The pub seemed to be packed the other day. People outside with pints and that. There's not many people on the streets at the moment though. / The holiday season is starting now, Easter all the way to the end of September. I should imagine the businesses in St Ives rely on the tourist money to get them through the whole year. It's going to be rough this year.
Uh.
Listen! It's difficult to keep your distance from people in the main Morrisons supermarket, near where I live, like. The place was packed at seven in the morning yesterday. From now on, I'm going to get my supplies from the little Tesco shop attached to the petrol station. (If there's anything on the shelves ...)
...
Anything ... more else? Guitar practice. What else is new? / Er ... And Rain Came Down ... ? I wrote the chorus lyric weeks ago. It's about being positive in a negative situation. I hope to finish the rest of the lyric on Sunday.
It's the end of another week, yes.
