Wednesday, 20 October 2021

Refinitiv Lipper: European ETF market report - September 2021


For immediate release!!!

Fine. [It came yesterday.]

Voice! 'What?' When was the last time we had a PR email from Detlef and the gang? 'I don't know, boss.' Thanks, Voice. Thanks for your help.


Anyway ...

ETF promoters in Europe experienced estimated net inflows of €13.0 bn for September.
Assets under management in the European ETF industry stood at €1,219.4 bn at the end of September 2021.
Equity ETFs (+€7.5 bn) posted the highest estimated net inflows in the European ETF industry for September.
The best-selling Lipper global classification for September was Equity Global (+€3.3 bn), followed by Equity US (+€3.1 bn) and Bond EUR Corporates (+€0.9 bn).
iShares was the best-selling ETF promoter in Europe for September (+€7.9 bn), ahead of Amundi ETF (+€1.3 bn) and Xtrackers (+€1.2 bn).
The 10 best-selling funds gathered total net inflows of €6.1 bn for September.
The best-selling ETF for September, iShares Core S&P 500 UCITS ETF USD (Acc), accounted for net inflows of €1.5 bn.


And can our Detlef make sense of all that? 'Of course he can!' Well, let's see ...

Detlef? In your own time, son.

Detlef Glow, Head of EMEA Research at Refinitiv Lipper, comments: "September 2021 marked the eighteenth consecutive month with inflows into ETFs after the outflows caused by the outbreak of The Thing in March 2020. These inflows occurred in a negative and volatile market environment in which investor sentiment was still impacted by the dynamics of The Thing on the economies around the globe and the resulting actions taken by central banks and governments in Europe and other parts of the world. The negative performance of the underlying markets led to decreasing assets under management (from €1,1230.3 bn as of August 31, 2021, to €1,219.4 bn at the end of September) despite estimated net inflows."

Okay. Not bad. 'I thought it was pretty good, boss.' Yes, it was. It was pretty good. Thanks, Detlef!



Anything else?

Er ... music, obviously.

This could be my BIG TEN -

Mighty Soul
Life and Death (needs a lyric)
And Rain Came Down (needs a bit of lyric)
This World Don't Mean a Thing
What's This Life We Live?
The Future (needs a lyric)
Good Times

I can't wait to get those three songs finished now! My BIG TEN feels more important than my demo at the moment.


Because I want to be on the same level as The Beatles, Oasis, and U2 - for all our best songs, you dig?


Important update: I've just realized that the chorus for my new ballad is very, very, very similar to the chorus for And Rain Came Down. Too ooo similar, in fact. So this is what I'm going to do ... I'm going to scrap the old music for And Rain Came Down and transfer the title, concept, and most of the lyric to the ballad tune. The chorus lyric fits perfectly. I will have to rewrite the verses though. / I'm actually happy about this. The words for And Rain Came Down are really good, and I'm a bit closer to finishing my BIG TEN.