Wednesday 16 December 2020

Refinitiv: Lipper European ETF market report - November 2020

Okay, okay.

I was, uh ... down in the park earlier, with the swans, like ... not the robots - you'll be glad to hear, dear reader(s).

Anyway ... 

ETF promoters in Europe experienced estimated net inflows of €16.9 bn for November.
Assets under management in the European ETF industry (€952.8 bn) increasing during November.
Equity ETFs (+€16.3 bn) posted the highest estimated net inflows in the European ETF industry for November.
The best-selling Lipper global classification for November was Equity Global (+€5.6 bn), followed by Equity Emerging Markets Global (+€1.3 bn) and Equity China (+€1.1 bn).
Are 'Friends' Electric?
iShares was the best-selling ETF promoter in Europe for November (+€7.7 bn), ahead of UBS ETF (+€2.8 bn) and Xtrackers (+€2.3 bn).
The 10 best-selling funds gathered total net inflows of €6.5 bn for November.
The best-selling ETF for November, UBS (Irl) Fund Solutions plc - MSCI ACWI SF UCITS ETF (HUSD) A-acc, accounted for net inflows of €1.1 bn.

Okay, okay.

And, er ... 'Our friend Detlef is going to speak now, boss.' Yes, Voice. Our friend Detlef is good at speaking.

Let's listen to him now, or ... read his words.
 
Detlef Glow, Lipper Head of EMEA Research at Refinitiv, comments: "November 2020 was another positive month for the European ETF industry since promoters enjoyed inflows. These inflows occurred in a surprisingly positive market environment in which investor sentiment was impacted by the presidential election in the US and the increasing dynamics of The Thing. The positive performance of the underlying markets led in combination with the estimated net inflows to increasing assets under management. The increase of €75.6 bn for November was driven by the performance of the underlying markets, while net sales contributed inflows of €16.9 bn to the AUM.  It was not surprising equity funds held the majority of assets, followed by bond funds, commodities products, alternative UCITS products, money market funds, mixed-assets fund, and 'other' funds."

Thank you, Detlef.

ENDS

...

Anything else? Well ... it's not Christmas yet, kook(s), so I'm afraid that there is something else.

However, next week ... it will be Christmas, so ...

There won't be something else, then. I'll be resting, then. 'Eating mince pies and chocolates.' Maybe, Voice. But not too many.

...

Actually, I feel like resting now.

I'll do another post ... tomorrow.

But now?

I don't know.

Music, I suppose.

Remember that dream I told you about years ago? When I heard a complete song, with a band and everything? It was playing on the stereo in a car.

It sounded like the ultimate song.

But I couldn't remember a note of it when I woke up.

I was gutted at the time, but maybe it was a good thing, you know?

The cosmos moves in mysterious ways, man.

Songs like ... Life and Death ... and ... Nothing ... are attempts to write the ultimate song.

And Life and Death might really be the one.

Anyway ...

Laters.