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ETF inflows in Europe hit record high

But, Europe was not alone. New record highs in net new asset flows were reached in Japan at $16.5bn, the US at $107.3bn and globally where net new assets hit $185bn.
 
At an asset class level, over the month, equity ETFs/ETPs gathered the largest net inflows with ($4.4bn), followed by fixed income ETFs/ETPs with $2.8bn, and commodity ETFs/ETPs saw net inflows of $132m, ETFGI said.
 
According to preliminary data from the group’s 2014 Global ETF and ETP industry insights report, as at the end of August 2014 the European ETF/ETP industry had 2,061 ETFs/ETPs, with 6,232 listings from 50 providers listed on 26 exchanges.
 
Deborah Fuhr, managing partner at ETFGI, said: “In August investors invested net new money into an array of equity, fixed income and commodity exposures due to concerns over the situations in Ukraine and Gaza. The S&P 500 was up 4% in August and closed above the 2,000 threshold for the first time on August 26th. Developed markets were up slightly, emerging markets gained 3% and Latin America was up 9% in August. August was also a good month for fixed income.”
 

Part of the Bonhill Group.