Exchange-traded funds (ETFs) and exchange-traded products (ETPs) listed in Europe are gathering assets 13% faster than in previous years.
Research by ETFGI has shown that there has been a record $48.4 billion (€44.1 billion) in new net assets in both ETFs and ETPs in the first seven months of 2015.
This amount surpassed the previous record of $42.9 billion in the same period last year. At the end of July this year, the European ETF/ETP industry had 2,135 ETFs/ETPs, with 6,534 listings and assets of $504 billion, from 50 providers listed on 25 exchanges in 21 countries, according to ETFGI.
“The S&P 500 index ended up 2% for the month of July and finished the first seven months of 2015 up 3%. Although investors faced uncertainty in China and Greece during July they continued to invest significant net new assets in equity ETFs,” says Deborah Fuhr, managing partner of ETFGI.
©2015 funds europe
