BlackRock’s iShares, as usual, was the best-selling European ETF promoter in January with nearly half the overall €15.2 billion in net flows, Refinitiv data shows.
iShares drew in €7.7 billion of fund flows, putting it ahead of France’s Amundi and Germany’s Xtrackers, which attracted €2.4 billion and €0.9 billion respectively.
Equity ETFs posted the highest net inflows in the European ETF industry in January, with €12.6 billion. Bonds attracted nearly €2 billion.
Overall assets in Europe’s ETF industry also continued to rise above the €1 trillion mark.
Detlef Glow, head of Emea research at Refinitv, said: “These inflows occurred in a positive market environment in which investor sentiment was still impacted by the aftermath of the presidential election in the US and the increasing dynamics of the Covid-19 pandemic.”
According to separate data from ETFGI, assets invested in ETFs and similar exchange-traded products continued to set records reaching $1.3 trillion (€1.07 trillion).
Amundi took the top spot with its Amundi Index MSCI USA SRI Ucits ETF, followed by iShares Global Clean Energy Ucits ETF.
In third and fourth place were Amundi MSCI USA ESG Leaders Select Ucits ETF and UBS ETF-MSCI Emerging Markets Ucits ETF.
Meanwhile, gold dominated the top ten ETPs by net inflows with seven strategies investing in the precious metal, according to ETFGI.
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