ETF fixed income sells well as investors “seek stability”

ETF_tradingDemand for fixed income ETFs in February showed that European investors were still in need of stability, said Lyxor Asset Management.

“Investors are still seeking stability as inflows into fixed income ETFs reached a seven month record high of €3.2 billion,” said Marlène Hassine, Lyxor AM’s head of ETF research who authored the ‘Monthly European ETF Market Trends’ report.

However, equity inflows were still higher, at €4.9 billion, with both developed and emerging market funds sales driving the flow.

Hassine also said net new assets of €9.4 billion across all ETFs in February were nearly twice the one-year average of €4.9 billion.

Total assets under management were up 7% compared to the end of 2016, reaching €551 billion.

Thomson Reuters Lipper also published ETF figures for February this morning. The figures showed assets under management in the European ETF industry were €550.3 billion, up from €524 billion at the end of January.

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