May 2021 marked the fourteenth consecutive month with inflows into ETFs after the outflows caused by the outbreak of the COVID-19 pandemic in March 2020. These inflows occurred in a positive but volatile market environment in which investor sentiment was still impacted by the dynamics of the COVID-19 pandemic and the resulting actions taken by…
Big data is one of the key buzzwords in all industries. Especially analysts in the financial industry have to cope with large amounts of data to conduct their research. One of the main struggles of all data scientists and analysts is the fact that the quality of the raw data is, in most cases, not…
November 2020 was another positive month for the European fund industry since the mutual fund promoters enjoyed inflows (+€74.7 bn). Meanwhile, the market environment has become quite uncertain as the second wave of the COVID-19 pandemic hit major markets in Europe and investors feared a second coronavirus lockdown-induced economic downturn. Despite these fears, investors bought…
November 2020 was another positive month for the European ETF industry since promoters enjoyed inflows. These inflows occurred in a surprisingly positive market environment in which investor sentiment was impacted by the presidential election in the U.S. and the increasing dynamics of the COVID-19. pandemic. The positive performance of the underlying markets led in combination…
After iShares, the largest ETF promoter in Europe, returned to using synthetic replication with the launch of a swap-based ETF on the S&P 500, I published my views on this move in the Monday Morning Memo called “A New Dawn for Synthetic ETFs in Europe”. I believe this move might be a game changer regarding…
Even as 2020 was a tough year, the European ETF industry seems to be in good shape as assets under management increased from €870.0 bn as of December 31, 2019 to €874.3 bn at the end of October 2020. An increase in assets under management of €4.3 bn (+0.50%) year to date might look small…
October 2020 was another positive month for the European fund industry since the promoters of mutual funds (+€69.2 bn) enjoyed inflows. Meanwhile, the market environment turned negative as the second wave of the COVID-19 pandemic hit major markets in Europe and investors feared a second coronavirus lockdown-induced economic downturn. Despite these fears, investors bought into…
As a market observer, I have seen that no other topic has got so much attention from all parts of the investment ecosystem over the course of the last three years than ESG investing. From a European perspective, it is clear that the “Action Plan on Financing Sustainable Growth” launched by the European Commission (EC)…
October 2020 was another positive month for the European ETF industry since promoters enjoyed inflows, while the market environment turned negative as the second wave of the COVID-19 pandemic hit major markets in Europe and investors feared a second coronavirus lockdown-induced economic downturn. The negative performance of the underlying markets led to decreasing assets under…
As ETFs are registered for sales in different countries and listed on multiple exchanges and trading venues, they can be considered as true cross-border products. Therefore, it is not surprising that the majority of ETFs traded in Europe are domiciled in the international fund hubs of Ireland and Luxembourg. Assets Under Management in the European…