VanEck has submitted its application to establish a retail fund management business in China, becoming the fourth global manager to do so after Chinese authorities lifted restrictions on foreign ownership in April this year.
Massive outflows prior to U.S. election
Investors pulled money out of U.S.-listed ETFs this week amid a steep sell-off in global equities. The S&P 500 tumbled to nearly 10% off its all-time highs ahead of the high anticipated U.S. elections next Tuesday.
Will October inflows surpass September?
ETF promoters in Europe experienced net inflows of EUR5.9 billion for September Lipper figures show, but assets under management in the European ETF industry (EUR870.9 billion) decreased over the month.
A week of crystal ball predictions
European ETFs to hit EUR 1 trillion in assets before end of 2020. European ETFs attracted inflows of EUR28.8 billion in the third quarter of 2020 and now stand at EUR948 billion AUM.
Europe ETFs close at record pace – Does it Matter?
ETFs in Europe closing at record pace as issuers struggle to attract assets to new products. According to data from Morningstar, some 286 ETFs were closed in 2019 with a further 223 shut during the first eight months of this year. With a monthly average rate of 28 closures, this figure to climb to a record high of 334 by the end of the year.
Are synthetic ETFs making a comeback?
Synthetic ETFs see resurgence as investors reap outperformance rewards. Synthetic ETFs offering exposure to US and global equities have outperformed their physical counterparts this year as investors begin to turn back to the swap-based structure.
Is Lyxor for sale?
Rumours have it that Société Générale is preparing a sale of its asset management business Lyxor as part of attempts to improve its finances following two quarters of losses.
Active ETFs on the way up
ESG, thematic and active ETFs are predicted to see the strongest growth over the coming two to three years as passive ETFs’ majority slims.
It’s all about ESG
ESG ETFs go from strength to strength. ESG ETFs reached €51.5 bn by the end of August 2020, according to Morningstar.
Strong inflows seen in August
Flow data is starting to roll in for the month of August showing a continued record year for inflows.
