Okay, okay. This is from Detlef and the Lipper team freaks at Refinitiv -
The promoters of ETFs in Europe experienced net inflows of €5.3 bn for May.
The assets under management in the European ETF industry (€798.7 bn) increased during May as markets bounced back from their lows.
Bond ETFs (+€6.4 bn) posted the highest net inflows in the European ETF industry for May.
The best-selling Lipper global classification for May was Bond EUR Corporates (+€1.4 bn), followed by Bond USD High Yield (+€1.0 bn) and Bond Emerging Markets Global HC (+€0.7 bn).
Nine Million Rainy Days.
iShares was the best-selling ETF promoter in Europe for May (+€4.0 bn), ahead of JP Morgan (+€0.6 bn) and UBS ETF (+€0.4 bn).
The 10 best-selling funds gathered total net inflows of €3.4 bn for May.
The best-selling ETF for May, iShares € HY Corp Bond UCITS ETF USD Dist, accounted for net inflows of €0.5 bn.
The assets under management in the European ETF industry (€798.7 bn) increased during May as markets bounced back from their lows.
Bond ETFs (+€6.4 bn) posted the highest net inflows in the European ETF industry for May.
The best-selling Lipper global classification for May was Bond EUR Corporates (+€1.4 bn), followed by Bond USD High Yield (+€1.0 bn) and Bond Emerging Markets Global HC (+€0.7 bn).
Nine Million Rainy Days.
iShares was the best-selling ETF promoter in Europe for May (+€4.0 bn), ahead of JP Morgan (+€0.6 bn) and UBS ETF (+€0.4 bn).
The 10 best-selling funds gathered total net inflows of €3.4 bn for May.
The best-selling ETF for May, iShares € HY Corp Bond UCITS ETF USD Dist, accounted for net inflows of €0.5 bn.
Fascinating! Let's see if our Detlef can make any sense out of all that ...
Detlef Glow, Lipper Head of EMEA Research at Refinitiv, comments: "As the security markets further recovered from the lockdown-induced downturn caused by the onset of The Thing, May was another positive month for the European ETF industry, with ETF promoters enjoying inflows.
"The combination of below average inflows and the positive performance of underlying markets led to an increase in assets under management from €777.9 bn as of April 30, 2020, to €798.7 bn at the end of May. The increase of €20.8 bn for May was driven by the performance of the underlying markets (+€15.5 bn), while the net inflows contributed €5.3 bn to the increase in assets."
Well, never mind. Thank you anyway, Detlef. Thanks for trying.
ENDS
...
Anything else? Well, music, uh, obviously, seeing as this is a music blog ... ? Ha!
I'll tell you, kook(s) ... the thought of all the work that will have to go into those eight new songs I want is depressing me. But I might have a solution.
Listen! How about I do eight Sundays of manic songwriting? I could just go crazy from morning to night, and get one song each time. Eight Sundays. Eight songs. What do you think?
Evening update: I've been rehearsing This World Don't Mean a Thing and Stella. Songs like that can't be written in a day, and those are the sort of songs I really want. 'Mikey, don't drop your standards, man! You don't need loads of songs for gigs anyway. When The Jesus and Mary Chain started off, their gigs only lasted twenty minutes.' Yeah, right, Voice. The gigs ended in riots. FFS! I don't want that.
Ah, never mind.
