Q1 2025 was another quarter with strong inflows for the European ETF industry. These inflows occurred in a volatile and negative market environment in which investors witnessed the peak of the U.S. stock markets in mid-February. While economic fears, especially around the possible tariffs in the U.S., increased, investors around the globe acted nervous over any political and economic news. Investor sentiment was impacted by the growth expectations for future technologies like artificial intelligence after the launch of DeepSeek in China and obviously by the discussions of the impacts of possible tariffs initiated by the U.S. president and potential tit-for-tat

In this issue of LSEG Lipper’s US Mutual Funds & Exchange-Traded Products Snapshot, we feature a summary of total net assets (TNA) and estimated net flows (ENF) for US conventional funds and exchange-traded products for March 2025.   Loading

In this issue of LSEG Lipper’s Swiss Mutual Funds & Exchange-Traded Products Snapshot, we feature a summary of total net assets (TNA) and estimated net flows (ENF) for Swiss conventional funds and exchange-traded products for March 2025.   Loading

March 2025 was another month with strong inflows for the global ETF industry. These inflows occurred in a volatile and negative market environment in which investors around the globe acted nervous over any political and economic news. Investor sentiment was impacted by the discussions around tariffs by the U.S. president and potential tit-for-tat reactions from the markets which are the targets of the new tariffs. That said, the tariffs are seen as a kind of trade war between the U.S. and the rest of the world, especially China, by some market observers. When it comes to this, investors were concerned

March 2025 was another month with strong inflows for the U.S. ETF industry. These inflows occurred in a volatile and negative market environment in which investors around the globe acted nervous over any political and economic news. Investor sentiment was impacted by the discussions around tariffs by the U.S. president and potential tit-for-tat reactions from the markets which are the targets of the new tariffs. That said, the tariffs are seen as a kind of trade war between the U.S. and the rest of the world, especially China, by some market observers. When it comes to this, investors were concerned

March 2025 was another month with strong inflows for the European ETF industry. These inflows occurred in a volatile and negative market environment in which investors around the globe acted nervous over any political and economic news. Investor sentiment was impacted by the discussions around tariffs by the U.S. president and potential tit-for-tat reactions from the markets which are the targets of the new tariffs. That said, the tariffs are seen as a kind of trade war between the U.S. and the rest of the world, especially China, by some market observers. When it comes to this, investors were concerned

On April 11, 2000, the first two exchange-traded funds (ETFs) based on the EURO STOXX 50 and the STOXX Europe 50 were listed on Deutsche Börse in Germany. With this listing, Merrill Lynch International brought a product to Europe which had been established in the U.S. since 1993 and laid the foundation for the European ETF industry. In addition to Germany, the trading of ETFs also began in Sweden, Switzerland, and the U.K. over the course of the year 2000. Even as the first reactions to these new products were positive, no one at that time really expected the future

On April 11, 2025, the European ETF industry celebrates its twenty-fifth birthday. We would like to congratulate the industry with the publication of our annual ETF Yearbook, which provides an overview and analysis of trends in the European ETF industry and the wider ecosystem in 2024 and beyond. The ETF Yearbook analyzes assets under management and fund flows in the European ETF industry for 2024 from various perspectives. As a result, the ETF Yearbook offers unique insights and an unrivalled overview of the structure of the European ETF industry. In addition, the comprehensive analysis of fund flows identifies and describes

The assets under management in the European ETF industry are highly concentrated at the classification level. Even as one would expect that the AUM are concentrated at the classification level since this reflects the asset allocation views of the investors—which are in general rather streamlined than widely diverging—the level of concentration might be surprising. ETFs classified as Equity U.S. held 26.83% of the overall assets under management at the end of December 2024. The second largest classification, Equity Global, held 18.09% of the overall AUM and Equity Emerging Markets Global held 4.26%. Given the fact that Equity U.S. and Equity

Investors, market observers, and regulators always raise questions about the competitiveness of the European ETF industry since assets under management seem to be concentrated among a few ETF promoters. Generally speaking, I would agree with the statement that one needs to be concerned if a few players are dominating a market, but not when it comes to the European ETF industry. Graph 1 shows that the European ETF industry is highly concentrated at the promoter level since the 10-top promoters in Europe held between 93.52% (June 30, 2023) and 95.06% (December 31, 2024) of the overall assets under management in

February 2025 was another month with strong inflows for the global ETF industry. These inflows occurred in a volatile market environment in which investors around the globe acted nervous over any political and economic news. Investor sentiment was impacted by the discussions around tariffs imposed by the U.S. president and potential tit-for-tat reactions from the markets which are the targets of the new tariffs. That said, the tariffs are seen as a kind of trade war between the U.S. and the rest of the world by some market observers. When it comes to this, investors were concerned about a political

February 2025 was another month with strong inflows (+€33.8 bn) for the European ETF industry. These flows were way above the rolling 12-month average (€23.5 bn) and might be an indicator that the European ETF industry is set to continue to grow above average over the course of 2025. In fact, if the European ETF industry is able to maintain net inflows at the same level for January and February for the rest of the year, it would hit an all-time high for annual inflows on a totally different level than before. The inflows in the European ETF industry for