Inflows into European exchange-traded funds (ETFs) amounted to €4.2 billion in July according to figures published today by Thomson Reuters Lipper.
The data also showed that assets under management in the European ETF industry rose in July by €15.5 billion to €677.5 billion, up from €662.0 billion at the end of June 2018.
In July bond ETFs posted the highest net inflows of the European ETF industry, attracting €2.5 billion.
The best-selling Lipper global classification for July was Equity US (+€2.2 billion), followed by Bond Emerging Markets Global in Hard Currencies (+€0.5 billion) and Mixed-Asset USD Balanced-Global (+€0.3 billion).
With sales of €2.0 billion iShares was the best-selling ETF promoter in Europe in July, well ahead of Amundi ETF (+€0.7 billion) and Vanguard Group (+€0.6 billion).
Meanwhile, the ten best-selling funds gathered total net inflows of €3.1 billion in July.
The best-selling ETF in July was the iShares Core S&P 500 Ucits ETF EUR Hdg, which enjoyed net inflows of €0.4 billion or 9.63% of the overall net inflows.
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