Mixed bag for ETF flows in February

February saw mixed results for the global exchange-traded fund (ETF) market, according to data from French fund house Amundi.

In Europe, investment flows were positive (at +€7.05 billion) in contrast to investors globally who pulled back slightly from the asset class (-€1.18 billion).

Despite a correction early in the month, the European equity ETF market held up well in February, gaining €5.2 billion.

However the US equity ETF market suffered €12.4 billion of withdrawals while globally the asset class ended the month with an overall outflow of €4.5 billion.

In bonds, strong ETF flows globally (+€3.4 billion) were shared amongst the three key investment regions.

While US investors substantially divested from their local market (-€17.9 billion), their European peers continue to increase their exposure to US equities (+€2 billion), as well as the eurozone (+€1.9 billion).

A revival of risk aversion has been unfavourable for corporate bond ETFs on both sides of the Atlantic. Flows instead shifted to government bond ETFs in comparable volumes.

©2018 funds europe

HAVE YOU READ?

THOUGHT LEADERSHIP

Innovative US companies are providing some of the solutions to the climate crisis and transition to a more sustainable economy. We see potential opportunities in areas including renewable energy and…
FIND OUT MORE
This white paper outlines key challenges impeding the growth of private markets and explores how technological innovation can provide solutions to unlock access to private market funds for a growing…
DOWNLOAD NOW

IRELAND SPOTLIGHT

Visit our dedicated Ireland channel for all the latest news and analysis on the country's investment industry.
READ MORE

PRIVATE MARKETS FUND ADMIN REPORT

Private_Markets_Fund_Admin_Report

LATEST PODCAST