For immediate release.
All right, calm down! I'm releasing it as fast as I can.
[These people ...]
Yeah, yeah. It's a PR email from Refinitiv. Last post of the week, thank the cosmos, because I'm knackered with all this heat, you dig?
I'm surprised that Detlef isn't on holiday, but never mind. 'He's a workaholic, boss.' Ha! He's nuts, more like.
Anyway ...
ETF promoters in Europe experienced estimated net inflows of €14.3 bn for June.
Assets under management in the European ETF industry hit a new all-time high (€1,177.8 bn) at the end of June 2021.
Equity ETFs (+€11.9 bn) posted the highest estimated net inflows in the European ETF industry for June.
The best-selling Lipper global classification for June was Equity Global (+€4.4 bn), followed by Equity US (+€2.9 bn) and Equity Europe (+€1.4 bn).
iShares was the best-selling ETF promoter in Europe for June (+€5.9 bn), ahead of Xtrackers (+€2.6 bn) and Lyxor ETF (+€1.1 bn).
The 10 best-selling funds gathered total net inflows of €5.2 bn for June.
The best-selling ETF for June, iShares Core MSCI World UCITS ETF USD (Acc), accounted for net inflows of €1.1 bn.
Right.
Detlef?
Detlef Glow, Head of EMEA Research at Refinitiv Lipper, comments: "June 2021 marked the fifteenth 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 and the resulting actions taken by central banks and governments in Europe and other parts of the world."
Okay. Thanks, man.
ENDS
...
Anything else? No! There's nothing else. I'm tired.
'Come on!'
Well ...
Dinner tonight? Veggie burger, chips, Kronenbourg. Then a Magnum ice cream.
'Music!'
It's too hot for music, Voice. Leave me alone!
'Say something motivational. For your readers, Mikey.'
Uh.
Do it. Do it. Do it.
All right?
Laters.
