The promoters of ETFs enjoyed net inflows (+€9.5 bn) for November. These flows were above the flows for October and the rolling 12-month average of €7.4 bn......
By Detlef Glow, Head of EMEA research at Thomson Reuters Lipper
The overall net inflows into ETFs in Europe stood at €84.4 bn for the year 2017 so far.
The assets under management in the European ETF industry (€627.1 bn) increased for November, up from €621.9 bn at the end of October.
Equity ETFs (+€6.7 bn) posted the highest net inflows of the European ETF industry for November.
The best-selling Lipper global classification for November was Equity US (+€2.2 bn), followed by Equity Global (+€1.5 bn) and Bond USD Corporates (+€1.2 bn).
iShares was the best-selling ETF promoter in Europe for November (+€2.3 bn), ahead of Xtrackers (+€1.3 bn) and Amundi ETF (+€1.3 bn).
The ten best-selling funds gathered total net inflows of €4.0 bn for November.