ETFGI: ETFs industry in Europe will pass $ 3 Tn by 2029

ETFGI: ETFs industry in Europe will pass $ 3 Tn by 2029

April 14, 2023

ETFs
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YTD net inflows are third highest on record, with the sixth consecutive month of net inflows.

'During March the ETFs industry in Europe gathered net inflows of $ 14.64 Bn, bringing year-to-date net inflows to $ 42.55 Bn. During the month, assets invested in the ETFs industry in Europe increased by 4.4% going from  $ 1.48 Tn at the end of February to $ 1.55 trillion, according to ETFGI. Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $ 10.84 Bn during March. Amundi MSCI Emerging Markets II - UCITS ETF - Dist (AE5A GY) gathered $ 1.42 Bn, the largest individual net inflow.

The European ETFs industry had 2,954 products, with 11,948 listings, assets of $ 1.549 Tn, from 101 providers listed on 29 exchanges in 24 countries at the end of March. At the end of March iShares is the largest provider in terms of assets with $ 685 Bn, reflecting 44.2% market share, ETFGI reported today. Amundi ETF is second with $ 197 Bn and 12.7% market share, followed by DWS Xtrackers with $ 154 Bn and 9.9% market share. The top three providers, out of 101, account for 66.9% of assets invested in the ETFs industry in Europe.'

ETF overview

‘The S&P 500 increased by 3.67 % in March and is up by 7.50% YTD in 2023. Developed markets excluding the US increased by 2.19% in March and are up 7.77% YTD in 2023. Denmark (up 7.10%) and Korea (up 5.16%) saw the best performance amongst the developed markets in March. Emerging markets increased by 2.16% during March and were up 2.90% YTD in 2023. Saudi Arabia (up 5.63%) and Peru (up 3.85%) saw the best performance amongst emerging markets in March’, commented Deborah Fuhr, Managing Partner, Founder and Owner of ETFGI.

'During March, ETFs gathered net inflows to $ 14.64 Bn. Equity ETFs gathered net inflows of $ 6.36 Bn over March, bringing YTD net inflows to $ 23.04 Bn, lower than the $ 34.57 Bn in net inflows gathered YTD in 2022. Fixed income ETFs reported net inflows of $ 5.94 Bn during March, bringing YTD net inflows to $ 15.48 Bn, significantly higher than the $ 6.85 Bn in net inflows YTD in 2022,' according to the company. 'Commodities ETFs/ETPs reported net inflows of $ 1.21 Bn during March, bringing YTD net inflows to $ 1.67 Bn, much lower than the $ 7.61 Bn in net inflows YTD in 2022. Active ETFs attracted net inflows of $ 1.34 Bn over the month, gathering YTD net inflows of $ 2.18 Bn, much higher than the $ 675 Mn in net inflows reported YTD in 2022.'

 

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