Wednesday 17 April 2024

LSEG Lipper: European ETF yearbook 2024

Hi,

Please see attached for the LSEG Lipper European ETF Yearbook 2024.

Thanks,

Nsikan

Oh, I don't like the look of this.

'It's a very short email, isn't it?'

That's what I'm thinking, Voice. A very short email from Nsikan, and then ...

'A PDF attachment.'

Yes, a PDF attachment.

'What do you think is inside that attachment, boss?'

Carnage. Pure carnage.

'Lucky, you mean?'

I mean Lucky.

'Are you going to open it then?'

Not yet.

'When?'

In a minute - !!!

'Christ. Just open it now. Get it over and done with.'

Yeah.

'What are you doing?'

I'm looking at the other PR emails.

'Oh, come on!'

All right, all right.

European ETF Industry Review: 2023   4 Estimated Net Flows by Replication Methodology .................................................................................................................... 42 A View on Fees and Expenses .................................................................................................................................................. 43 An Analysis of the Total Expense Ratios (TERs) of ETFs in Europe ........................................................................................ 43 Average Total Expense Ratios by Asset Type .......................................................................................................................... 44 Total Expense Ratios of Plain Vanilla ETFs .............................................................................................................................. 45 Total Expense Ratios of Active ETFs ........................................................................................................................................ 46 Total Expense Ratios of Factor-Based ETFs ............................................................................................................................ 47 Total Expense Ratios of Factor-Based Bond ETFs ................................................................................................................... 48 Total Expense Ratios of Factor-Based Equity ETFs ................................................................................................................. 49 Total Expense Ratios of ETFs by SFDR Article ........................................................................................................................ 50 Are ESG-Related ETFs Too Expensive? .................................................................................................................................. 53 The European ETF Landscape – ETF Launches and Closures .............................................................................................. 55 ETFs with a High Closure Risk—The ETF Death List ............................................................................................................... 62 Why are ETF Promoters Closing ETFs? ................................................................................................................................... 63 Methodology and Results .......................................................................................................................................................... 64 The ETF Death List as of December 31, 2023 .......................................................................................................................... 64 Why Every Fund Management Company Needs an ETF Strategy .......................................................................................... 66 The Future of the European ETF Industry 2024 and Beyond .................................................................................................. 68 Appendix 1: A Brief History of the European ETF Industry .................................................................................................... 71 Contact Details ............................................................................................................................................................................ 77  

Lucky! Lucky!

What?

What is that?!

Oh sorry guys I think it was supposed to be some charts or tables or something

FFS.

Sorry

European ETF industry review 2023   5 review      of the European              ETF Industry 2023                   its fair to say               that 2023 was a challenging year for portfolio managers                around the globe!            since the markets were driven by a number of different factors and unpredictable            incidents each of these               could have caused a major market downturn on their own first          of all there were a lot!                              of geopolitical tensions around the globe beside the war in Ukraine which showed             that democratic         states might be        more vulnerable than                     one may think!               the concerns of European investors increased towards the end of 2023 since the actions    taken by the Houthi                rebels in the red!                         sea have the power!                       to disrupt the still vulnerable delivery chains in Europe and other parts of the world also there were economic factors which burdened the expectations of investors such as Chinas failure to                                     meet the growth!                     expectations of investors when its economy was reopened after the end of the countrys zero          thing strategy    talking about China the credit crisis in the Chinese real estate sector later in the year was another factor that could have caused a market downturn if it wasnt handled well by the Chinese government               nevertheless investors               are still cautious about investments in China after the           meltdown in the bond        segment during the interest            hiking cycle!           over the course of 2022     investors hoped that the measures taken by central banks would bring down inflation and lead to falling interest rates this -

All right, Lucky.

Theres a lot of this

Yes, I'm sure there is, but -

assumption went!             against the hawkish!                    statements of central             banks        around the globe                 for the first 10!            months of 2023                  the relatively high!              interest rates     raised              fears that some major!       economies such as the       US would face a hard          landing in addition to this some investors might have recalled                              bad memories!           when the 

STOP!

Uh

STOP! STOP!

Lucky ...

'Where is he?'

Gone now, I think.

'Oh.'

Absolutely ridiculous.

ENDS
ENDS
ENDS