Assets in ETFs and ETPs listed in Europe broke through the US$500-billion milestone at the end of April, finds ETFGI’s preliminary monthly ETP data.
That compares to assets of:
- US$2.1 trillion in the U.S.;
- US$125 billion in Asia Pacific ex-Japan;
- US$112 billion in Japan; and
- US$69.9 billion in Canada.
In April, ETFs and ETPs listed in Europe saw net inflows of US$3.4 billion overall, with fixed-income offerings gathering the largest net inflows of US$4.8 billion. And, despite oil weakness globally, commodity products saw net inflows of US$126 million.
In contrast, equity ETFs and ETPs posted net outflows of US$2.1 billion.
ETFGI notes last month also marked the 15th anniversary of the listing of the first ETFs in Europe: on April 11, 2000, the LDRs DJ STOXX 50 and the LDRs DJ Euro STOXX 50 were listed on the Deutsche Boerse, sponsored by Merrill Lynch International. iShares then acquired those ETFs in September 2003.