Record highs for assets in European listed ETPs

ETF tradingTotal assets invested in European listed exchange-traded products (ETPs) hit a record high of $494.8 billion (€471.3 billion) at the end of February, according to research and consultancy firm, ETFGI.

The second month of the year saw European listed ETPs drawing inflows of $12.5 billion – the second highest month of net new assets on record after January’s $14.3 billion.

iShares gathered the largest net inflows in February with $5.7 billion, followed by Lyxor Asset Management with $2 billion and db-X ETC (exchange-traded commodities from Deutsche Bank) with $1.4 billion.

iShares also gathered the largest net inflows for the year to date at $11.5 billion, followed by Lyxor AM and UBS ETFs.

Overall, the top 100 ETPs out of a total 2,109 accounted for almost 56% of all European ETP assets. Only 114 ETPs had over $1 billion in assets, while nearly 1,500 had less than $100 million.

Deborah Fuhr, managing partner of ETFGI, says: “Investors allocated the majority of net new assets to equities as the US market rebounded from a difficult January to end February with both the S&P 500 and the Dow up 6% for the month.”

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