Monthly European ETF Market Trends

Transcription

1 Q4 213 S E P T E M B E R THIS DOCUMENT IS FOR THE EXCLUSIVE USE OF INVESTORS ACTING ON THEIR OWN ACCOUNT AND CATEGORIZED EITHER AS ELIGIBLE COUNTERPARTIES OR PROFESSIONAL CLIENTS WITHIN THE MEANING OF MARKETS IN FINANCIAL INSTRUMENTS DIRECTIVE 24/39/EC. IT IS NOT DIRECTED AT RETAIL CLIENTS. Monthly European ETF Market Trends August 214 in brief Lyxor ETF Marlène Hassine Head of ETF Research marlene.hassine@lyxor.com Contents European ETFs in August 214 OVERVIEW BY ASSET CLASS EQUITY p2 p2 COMMODITIES p2 EUROPEAN US & JAPAN EMERGING MARKET THEMATIC p3 p4 p4 p4 EUROPEAN DEBT MARKET US GOVIES EMERGING MARKET DEBT CREDIT MARKET amounted to EUR6bn, 64% above the one year average. Total Assets under Management rose 2.2% vs. the end of 213, to reach EUR346bn, including a Equity indexations account for 63% of NNA at EUR3.8bn. US indexations have reached a one year record high at EUR1.7bn fuelled by positive economic data. Emerging market of already very tight valuations. EUROPEAN ETFS IN AUGUST 214 NET INFLOWS (EURM) ONE-YEAR THIRD HIGHEST MONTH IN NNA MONTHLY NET NEW ASSETS ON EUROPEAN ETFS HIGH INFLOWS ON DEVELOPED COUNTRY EQUITY & DEVELOPED MARKET GOVIES ETFS MONTHLY NET INFLOWS ON EUROPEAN ETFS BY ASSET CLASS , 2, 3, 4, 5, 6, 7, 8, European ETF Market NNA Total Equities Developed Market Equities of wh. U.S. Equities of wh. Asia Equities of wh. Europe Equities Emerging Market Equities Global Equities Total Fixed Income Govies Europe Govies US Govies Emerging Markets Corporate Bonds High Yield Money Market Commodities , 1, 2, 3, 4, 5, 6, 7, ETF.RESEARCH@LYXOR.COM I +33 ()

2 Q4 213 S E P T E M B E R OVERVIEW BY ASSET CLASS EQUITY CLOSE TO ONE-YEAR RECORD HIGH ON MONTHLY NET NEW ASSETS ON EQUITY ETFS STRONG INFLOWS ON DEVELOPED MARKETS STILL SUSTAINED INFLOWS ON MONTHLY NET NEW ASSETS ON DEVELOPED VS EMERGING MARKETS EQUITY ETFS 6, 5, 4, 3, 2, 1, -1, 4, 3,5 3, 2,5 2, 1,5 1, , -2, -1,5 Developed Market Emerging Market CLOSE TO ONE-YEAR RECORD HIGH MONTHLY NET NEW ASSETS ON ETFS RECORD INFLOWS ON DM ETFS MONTHLY NET NEW ASSETS ON DEVELOPED VS EMERGING MARKETS ETFS 3, 1,6 2,5 1,4 1,2 2, 1, 1, , Developed Market Emerging Market COMMODITIES COMMODITIES INDEXATIONS MONTHLY NET NEW ASSETS ON COMMODITIES ETFS NEGATIVE FLOWS ON PRECIOUS METALS ETFS MONTHLY NET NEW ASSETS ON BROAD & PRECIOUS METALS ETFS Broad Precious Metals ETF.RESEARCH@LYXOR.COM I +33 ()

3 Q4 213 S E P T E M B E R EUROPEAN DECLINIG TREND ON EUROPE MONTHLY NET NEW ASSETS ON EUROPE EQUITY ETFS 2, YET RECORD INFLOWS ON GERMAN MONTHLY NET NEW ASSETS ON GERMAN EQUITY ETFS 1, 1,5 5 1, , -1,5-5 -2, -1, -2,5 FIRST MONTH OF OUTFLOWS OVER MONTHLY NET NEW ASSETS ON PERIPHERAL EUROPE EQUITY ETFS THE REST OF THE EUROPEAN REGION SAW MONTHLY NET NEW ASSETS ON EUROPEAN REGION EQUITY ETFS ,5 2, 1,5 1, , -1,5-2 -2, CONTINUED OUTFLOWS ON FINANCIALS NEGATIVE MONTH OVER ONE YEAR MONTHLY NET NEW ASSETS ON FINANCIALS EUROPE EQUITY ETFS VERY LIMITED INFLOWS ON DIVIDEND ETFS MONTHLY NET NEW ASSETS ON EUROPEAN DIVIDEND EQUITY ETFS ETF.RESEARCH@LYXOR.COM I +33 ()

4 Q4 213 S E P T E M B E R US & JAPAN RECORD HIGH ON US EQUITY ETFS INFLOWS MONTHLY NET NEW ASSETS ON US EQUITY ETFS POSITIVE BUT DECLINING TREND ON JAPAN MONTHLY NET NEW ASSETS ON JAPAN EQUITY ETFS 2, 1,5 1, EMERGING MARKET STILL SUSTAINED INFLOWS ON EMERGING OF ONE YEAR NNA MONTHLY NET NEW ASSETS ON EMERGING EQUITY ETFS 1,5 MAINLY FOCUSED ON BROAD OF INFLOWS MONTHLY NET NEW ASSETS ON BROAD EM EQUITY ETFS* 1, 1, , -8 THEMATIC CONTINUED OUTFLOWS ON SMID ETFS MONTHLY NET NEW ASSETS ON SMID EQUITY ETFS POSITIVE TREND CONFIRMED FOR SMART MONTHLY NET NEW ASSETS ON SMART BETA EQUITY ETFS ETF.RESEARCH@LYXOR.COM I +33 ()

5 Q4 213 S E P T E M B E R EUROPEAN DEBT MARKET ONE-YEAR RECORD HIGH INFLOWS ON ABOVE LAST JULY INFLOWS MONTHLY NET NEW ASSETS ON EUROPE GOVIES ETFS 1 GERMAN GOVIES EXPERIENCED LIMITED CONSECUTIVE MONTH MONTHLY NET NEW ASSETS ON GERMAN GOVIES ETFS US GOVIES ONE YEAR RECORD HIGH INFLOWS ON US NOVEMBER RECORD MONTHLY NET NEW ASSETS ON US GOVIES ETFS EMERGING MARKET DEBT DECLINING TREND ON EM DEBT INFLOWS CONSECUTIVE MONTH MONTHLY NET NEW ASSETS ON EMERGING MARKET DEBT ETFS CREDIT MARKET SUSTAINED INFLOWS ON CORPORATE BONDS MONTHLY NET NEW ASSETS ON CORPORATE BOND ETFS SIGNFICANT OUTFLOWS ON MONTHLY NET NEW ASSETS ON HIGH YIELD BOND ETFS ETF.RESEARCH@LYXOR.COM I +33 ()

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