Well, it's obvious what this is. 'What?'
Ignore him.
'Ignore who, boss?'
You!
'You want me to ignore myself?!'
Yes, please.
'You're crazy!'
Tell me about it.
Okay, okay ...
ETF promoters in Europe experienced estimated net inflows of €16.3 bn for April.
Assets under management in the European ETF industry hit a new all-time high (€1,124.0 bn) at the end of April 2021.
Equity ETFs (+€10.0 bn) posted the highest estimated net inflows in the European ETF industry for April.
Only God Can Judge Me.
The best-selling Lipper global classification for April was Equity Global (+€3.4 bn), followed by Equity US (+€2.7 bn) and Bond USD High Yield (+€0.7 bn).
iShares was the best-selling ETF promoter in Europe for April (+€9.7 bn), ahead of Vanguard Group (+€1.5 bn) and Xtrackers (+€1.1 bn).
The 10 best-selling funds gathered total net inflows of €4.9 bn for April.
The best-selling ETF for April, iShares Core MSCI World UCITS ETF USD (Acc), accounted for net inflows of €1.1 bn.
Fine. Whatever. I mean ... as long as everyone is happy. 'Is Detlef happy?' Well ... I suppose he enjoys writing about finance. It must make him happy. 'What a strange lad!' Don't judge him.
Oh, here he is! -
Detlef Glow, Head of EMEA Research at Refinitiv Lipper, comments: "April 2021 marked the thirteenth consecutive month with inflows into ETFs after the outflows caused by the outbreak of The Thing in March 2020. These inflows occurred in a positive but volatile market environment in which investor sentiment was still impacted by the dynamics of The Thing in Europe and other parts of the world."
He can't stop mentioning The Thing!
"The positive performance of the underlying markets led in combination with the estimated net inflows to increasing assets under management (from €1,095.2 bn as of March 31, 2021, to €1,124.0 bn at the end of April). The increase of €28.8 bn for April was driven by the estimated net sales (+€16.3 bn), while the performance of the underlying markets contributed €12.5 bn to the increase of the assets under management. It was not surprising equity funds (€798.0 bn) held the majority of assets, followed by bond funds (€276.6 bn), commodities products (€39.0 bn), alternative UCITS products (€5.8 bn), money market funds (€2.3 bn), mixed-assets funds (€2.3 bn), and 'other' funds (€0.1 bn)."
And ...
ENDS
ENDS
ENDS
Thank you, Detlef!
...
Anything else?
Music? Ah, I might as well.
Okay, reader(s). Think of any major musical act. Take away their ten best songs, and see them shit themselves.
Career ruined!
Only The Beatles and Bob Dylan could survive that and still be BIG, you dig? And even they would be badly damaged.
That's why I'm telling you, kooks ... you don't need hundreds of songs.
You need ten songs.
Laters.
