ETFs and ETPs listed in Europe received net inflows of $5.4 billion in January 2014, according to findings from ETFGI’s January 2014 Global ETF and ETP industry insights report.
The pattern for net flows in January was very different for ETFs and ETPs listed in the United States which suffered net outflows of $15.5 billion with Equity ETFs/ETPs having the largest net outflows of US$15.9 billion, followed by commodity ETF/ETP net outflows of $1.2 billion, while fixed income ETFs/ETPs gathered net inflows with $566 million.
European listed ETFs and ETPs net inflows of $5.4 billion in January were composed of Equity ETFs/ETPs gathering net inflows of $4 billion, followed by fixed income ETFs/ETPs with net inflows of $2.1 billion, while commodity ETFs/ETPs experienced net outflows of $705 million.
“The buying patterns of European based investors indicates that they are more confident about developed markets including the US than investors based in the US in January 2014.” according to Deborah Fuhr, managing partner at ETFGI.
Europe Outpaces U.S. on ETF and ETP Inflows
ETFs and ETPs listed in Europe received net inflows of $5.4 billion in January 2014, according to findings from ETFGI’s January 2014 Global ETF and ETP industry insights report.