February 2025 was another month with strong inflows for the European 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 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 shift

January 2025 was another month with strong inflows for the European ETF industry. These inflows occurred in a mainly positive but volatile market environment. The markets were driven by the effects around the inauguration of Donald Trump as the next U.S. president. On one hand, investors appreciated the expected positive impacts on the U.S. economy from the new administration. Meanwhile, they feared the impacts from possible tariffs, which may cause a global trade war as an unwanted side-effect and higher government spending on the inflation and, therefore, on the resulting policies of the U.S. Federal Reserve. That said, the high

December 2024 was another month with strong inflows for the European ETF industry. In fact, the inflows marked a new all-time high for monthly inflows into ETFs in Europe. These inflows occurred in a mainly positive market environment. While most equity markets were on the rise despite the high valuations of the market leaders over the course of the month, some bond segments faced the impacts from rising rates as yield curves have somewhat started to normalize. This might also be the reason why investors are somewhat nervous and reacting quickly on any news that may impact the current market

November 2024 was another month with strong inflows for the European ETF industry. These inflows occurred in a positive market environment. While most equity markets were on the rise despite the high valuations of the market leaders over the course of the month, some bond segments faced the impacts from rising rates as yield curves have somewhat started to normalize. This might also be the reason why investors are somewhat nervous and reacting quickly on any news that may impact the current market environment negatively. That said, the election of Donald Trump as the next US president had a positive

September 2024 was another month with strong inflows for the European ETF industry. These inflows occurred in a positive market environment. Equity markets were rising further despite the high valuations of the market leaders. This might also be the reason why investors are somewhat nervous and reacting quite fast on any news that may impact the current market environment negatively. An example of this was the short-term market turmoil in August when investors had to unwind their yen-based carry trades after the yen increased sharply in value compared to the U.S. dollar. This is not only true for economic news,

August 2024 was another month with strong inflows for the European ETF industry. These inflows occurred in a positive market environment. Nevertheless, equity markets looked somewhat vulnerable given the high valuations of the market leaders. With regard to this, it is not surprising that investors are nervous and reacting quite fast on any news that may impact the current market environment negatively. This is not only true for economic news, as the geopolitical tensions in the Middle East, especially the developments around the Red Sea, are seen as a risk for the general economic growth in Western countries since a

The European ETF industry enjoyed healthy inflows over the course of December 2023. These inflows occurred in an increasingly unstable market environment since the geopolitical tensions in Middle East, especially the Red Sea, increased over the course of the month. Nevertheless, some asset classes showed positive results while others performed negatively. Market sentiment was further driven by hopes that central banks—especially the U.S. Federal Reserve—have reached the last phase of their fight against high and further increasing inflation rates given their rather dovish statements during/after the respective central bank meetings in December. Some investors already expected that there might be

The European ETF industry enjoyed inflows over the course of August 2023. These inflows occurred in a further unstable market environment over the course of the month in which some asset classes nevertheless showed positive results while others performed negatively. The market sentiment was still driven by hopes that central banks—especially the U.S. Federal Reserve—may have reached the last phase of their fight against high and further increasing inflation rates and may, therefore, start to keep interest rates at least stable quite soon. Some investors already expect that there might be room for decreasing interest rates later this year which

The European ETF industry enjoyed inflows over the course of April 2023. These inflows occurred in a further unstable market environment in which some asset classes showed positive results, while others performed negatively over the course of the month. The market sentiment was still driven by hopes that central banks, especially the U.S. Federal Reserve, may have reached the last phase of their fight against the high and further increasing inflation rates and may, therefore, start to keep interest rates at least stable quite soon. Some investors already expect that there might be room for decreasing interest rates later this

The European ETF industry enjoyed inflows over the course of January 2022. These inflows occurred in a positive market environment in which some market indices nearly reached their old highs. The market sentiment over the course of January was driven by hopes that central banks, especially the US Federal Reserve, may have reached the last phase of its fight against the high and further increasing inflation rates and may, therefore, start to keep interest rates stable quite soon. Some investors already expect that there might be room for decreasing interest rates later this year. Nevertheless, there are still some concerns

The European ETF industry enjoyed inflows over the course of December 2022. These inflows occurred in a volatile market environment. The market sentiment is driven by concerns about high inflation rates, increasing interest rates, the late effects from the market turmoil in UK government bonds, geopolitical tensions, and disrupted delivery chains caused by the still ongoing COVID-19 pandemic. The performance of the underlying markets led in conjunction with the estimated net inflows to decreasing assets under management (from €1,309.7 bn as of November 30, 2022, to €1,242.5 bn at the end of December). At a closer look, the decrease of

Despite the current situation in Ukraine, March 2022 was another positive month for the European ETF industry since promoters enjoyed inflows. These inflows occurred in a volatile market environment in which investor sentiment was impacted by increasing inflation rates, geopolitical tensions and the still ongoing COVID-19 pandemic in Europe and other parts of the world. The performance of the underlying markets led in combination with the estimated net inflows to increasing assets under management (from €1,307.1 bn as of February 28, 2022, to €1,334.1 bn at the end of March). The increase of €27.0 bn for March was driven by