European ETPs saw $10.59 billion inflows in May

Exchange-traded products (ETPs) listed in Europe saw net inflows of US$10.59 billion (€9.44 billion) during May, bringing year-to-date net inflows to $21.33 billion, down from the $38.51 billion gathered in the first five months of 2019.

Assets invested in the European ETFs/ETPs industry increased by 4.6% to $971.21 billion (the fifth highest on record) by the end of May, according to figures from the ETFGI consultancy.

Fixed Income ETFs/ETPs attracted the largest part of net inflows in Europe with $6.46 billion.

Commodity ETFs/ETPs gathered year-to-date net inflows of $14.26 billion, up from the $710 million attracted during the first five months of last year.