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Two ETF providers storm top 5

ETFsXtrackers and Lyxor knocked two of the largest ETF providers out of the top five list by sales last year.

Although BlackRock’s iShares ETF business remained at the top of the net flows table in Europe with sales of €34.6 billion, Vanguard and SPDR fell out of the top five as Deutsche Bank’s Xtrackers brand entered it, along with France’s Lyxor.

The order of all top four ETF promoters in Europe after iShares was different, according to figures from Thomson Reuters Lipper.

Xtrackers was second with €11.2 billion in sales, followed by Lyxor ETF in third place with €10.9 billion. In fourth and fifth place were UBS ETF and Amundi ETF with €10.2 billion and €10.1 billion of sales, respectively (see table).

In 2016 Xtrackers was not among the top ten ETF promoters, while Lyxor was in sixth place.

Meanwhile, 2016’s second and third largest ETF promoters - Vanguard and SPDR - slipped to sixth and seventh places, respectively, in 2017.

The Lipper data also showed that the ten bestselling funds in 2017 gathered total net inflows of €18.9 billion, while assets under management in European ETFs hit a new all-time high of €631.2 billion.

Top 5 ETF promoters in Europe 2017
Name Net flow
iShares €34.6bn
Xtrackers €11.2bn
Lyxor €10.9bn
UBS €10.2bn
Amundi €10.1bn
Top 5 ETF promoters in Europe 2016
Name Net flow
iShares €26.6bn
Vanguard €4.3bn
SPDR €4.2bn
Amundi €4.1bn
UBS €2.8bn

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