ETFGI: net inflows European ETFs industry USD 19 Bn in January

ETFGI: net inflows European ETFs industry USD 19 Bn in January

February 15, 2023

ETFs
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Net European ETF industry inflows of USD 19.34 Bn in January are the 3rd highest on record after USD 20.51 Bn in 2021 and USD 29.12 Bn in 2022.

During the month of January, assets invested in the ETFs industry in Europe increased by 7.4%, from USD 1.42 Tn at the end of December to USD 1.52 Tn, according, according to research and consultancy firm ETFGI today. It's the fourth month of net inflows. ETFs and ETPs listed in Europe have $1.52 Tn of invested assets at the end of January 2023. Assets increased 7.4% in 2023, going from USD 1.42 Tn at end of 2021 to USD 1.52 Tn.

'The S&P 500 increased by 6.28% in January. Developed markets excluding the US increased by 8.27% in January. Italy (up 14.52%) and the Netherlands (up 14.47%) saw the largest increases amongst the developed markets in January. Emerging markets increased by 6.66% during January. Mexico (up 16.53%) and Czech Republic (up 16.46%) saw the largest increases amongst emerging markets in January', said Deborah Fuhr, managing partner, founder and owner of ETFGI.

During January, European ETFs gathered net inflows to USD 19.34 Bn. Equity ETFs gathered net inflows of USD 9.75 Bn in January, lower than the USD 24.94 Bn in net inflows equity products attracted at this point in January 2021. Fixed income ETFs reported net inflows of USD 8.91 Bn during January, higher than the USD 2.79 Bn in net inflows in January 2022. Commodities ETFs reported net outflows of USD 362 Mn during January, lower than the USD 1.54 Bn in net inflows in January 2022. Active ETFs attracted net inflows of USD 730 Mn during the month, higher than the USD 129 Mn in net inflows active products had reported YTD in 2022.

'Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered USD 9.60 Bn during January', says ETFGI. More here.

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