Blaming ETFs–A New Sport for Active Managers?

While observing the discussion around ETFs, especially in Europe, I become a bit concerned that the critiques are getting too tired—pundits seem to be going over the same topics again and again. In some cases the arguments have been proven wrong or are the result of the nature of the investment products. To give an…

Review of the European ETF Market, March 2018

Despite the promoters of ETFs in Europe enjoying net inflows for March, the assets under management in the European ETF industry (€628.3 bn) decreased, down from €632.2 bn at the end of February 2018. The decrease of €3.9 bn for March was driven by the performance of the underlying markets (-€4.7 bn), while net sales…

ETFs Were the Driver Behind Fund Flows in Europe – European Fund-Flow Trends, February 2018

February was the fourteenth consecutive month showing a positive picture for long-term mutual funds. European fund promoters enjoyed net inflows into equity funds (+€16.1 bn), followed by mixed-asset funds (+€14.0 bn), alternative UCITS funds (+€2.6 bn), and bond funds (+€1.2 bn) as well as commodity funds (+€0.9 bn) and real estate funds (+€0.4 bn). Meanwhile,…

Review of the European ETF Market, February 2018

The promoters of ETFs in Europe enjoyed net inflows for February. The assets under management in the European ETF industry (€648.3 bn) increased for February, up from €647.2 bn at the end of January 2018. The increase of €1.1 bn for February was driven by net sales (+€10.5 bn), while the performance of the underlying…