Yes, it's the ...
Monthly European ETF market report from the Lipper team at Refinitiv.
So ...
ETF promoters in Europe experienced net inflows of €5.9 bn for September.
Assets under management in the European ETF industry (€870.9 bn) decreased during September.
Equity ETFs (+€6.9 bn) posted the highest net inflows in the European ETF industry for September.
The best-selling Lipper global classification for September was Equity US (+€3.6 bn), followed by Equity Global (+€1.3 bn) and Bond CNY (+€1.0 bn).
UBS ETF was the best-selling ETF promoter in Europe for September (+€1.4 bn), ahead of Xtrackers (+€1.1 bn) and iShares (+€1.0 bn).
The 10 best-selling funds gathered total net inflows of €4.5 bn for September.
The best-selling ETF for September, iShares China CNY Bond UCITS ETF USD Dist, accounted for net inflows of €0.8 bn.
And now Detlef will speak to us ...
Detlef Glow, Lipper Head of EMEA Research at Refinitiv, comments: "September was another positive month for the European ETF industry since promoters enjoyed inflows as economies and securities markets stabilized further after The Thing lockdown-induced economic downturn.
"The negative performance of the underlying markets led to decreasing assets under management (from €877.1 bn as of August 31, 2020, to €870.9 bn at the end of September) despite net inflows. This means the decrease of €6.2 bn for September was driven by the performance of the underlying markets (-€12.1 bn), while net sales contributed inflows of €5.9 bn to assets under management."
Thank you, Detlef.
And that is the ...
ENDS
...
Well, well, well ...
It's the end of another week. I feel calm, but not happy, really. I'll go for a long walk tomorrow.
I still fantasize about walking to St Ives and then jumping into the sea. I would like to live with the dolphins. They are decent creatures.
Maybe I'll live in the lake in the park instead ... with the swans.
Human life is tragic. You look at someone from a distance. You think: "That's a good person." But it turns out ... there aren't any good people.
There is no one to trust.
However, dolphins, swans ... they are easy to trust. They don't have human consciousness. They haven't been infected with words, ideas, philosophies. They haven't sold their souls. They haven't dishonoured themselves.
The world is full of dirt.
No one - these days - knows what it means to be clean.
Everything is getting worse.
Everyone is telling lies.
And guess what ... these words aren't helping.
...
I will now play the first three minutes of the second movement of Beethoven's Seventh Symphony.
When Wittgenstein was captured in the First World War ... he was sitting on a tank, whistling this tune.
I know exactly what he meant, and how he was feeling. Exactly.
