A recent survey by PwC found that online platforms are now forecast to be the primary source of future ETF demand. The question is, will this finally propel retail adoption of ETFs forward?
Stocks in Europe and the U.S. remain positive despite virus
Stocks in Europe and the U.S. were positive last week even against persistent virus concerns.
Global equities had worst day of the week
Global equities had their worst day of the week on Friday following a resurgence of reported Covid-19 cases adding to investors’…
Global ETP inflows at $45.8 billion
Global ETP inflows were $45.8 billion in May, down from almost $69 billion in April, based on the recent BlackRock. Assets invested in global ETPs increased to $6.10 trillion from $5.84 trillion in April.
Global markets experiencing a rough patch
Global markets experienced a rough patch after following excitement that markets were back in positive territory for the year. European markets saw a decrease in the FTSE 100 of -5.76%, the FTSE 250 -6.30%, Stoxx Europe 600 -5.63% and the DAX -6.99%. U.S. equities were down -4.73% for the same period.
European markets positive
European markets were positive last week with an increase in the FTSE 100 of +6.71%, the FTSE 250 +5.55%, Stoxx Europe 600 +5.99% and the DAX* +6.87% (*markets closed Monday). U.S. equities were up +4.56% for the same period.
HANetf expands in Switzerland
HANetf, a white-label ETF and ETC platform expanded with the launch of its first five ETFs on the SIX exchange in Switzerland. The products listed below offer investors transparent and liquid exposure to long-term social, medical and technological megatrends.
Gold ETFs attracted record inflows in April
Gold ETFs attracted record inflows in April gathering $9.2bn in new investments last month. Reaching almost a five-month period, inflows have totalled $16.8billion and are set for a record year. State Street’s $62billion SPDR Gold Shares, GLD, has taken in nearly $12billion in 2020, ranking it third for worldwide ETF inflows.
China’s ETF market crossed the $100 billion-mark
China’s ETF market crossed the $100 billion-mark last week, a record high since the first ETF product was launched 15 years ago. Year-to-date, 48 new ETFs have launched bringing the total number of ETF products in the China market to 306.
Global ETFs see muted inflows
A quiet week given the long holiday weekend in the UK, but global ETF flows poured in with many markets in the green territory, albeit a bit muted.