A slew of new fund launches, ESG index changes, and fee reductions last week. Brazil-based firm, Hashdex, is expanding to the European market and big news with Morgan Stanley’s official announcement to launch ETFs in the U.S.
Europe ETFs enjoy inflows despite market turmoil
It has been a busy week of ETF launches and fund updates in Europe along with a full summary of the various implications to funds, exchanges and indices related to Russia.
Capital Group enters the ETF market
The $2.6 trillion AUM firm Capital Group has finally entered the ETF market in the U.S. with six actively managed ETFs. And quite a number of index and exchange announcements related to Russia ETFs.
Impressive inflows for European ETFs
2021 proved to be a very decent year for European ETFs, topping off the year with net inflows of $195.3bn and, Amundi has finally completed the acquisition of Lyxor and the FT compares certain ETFs to Jurassic Park.
Global ETF assets cross $10 Trillion
Incredible milestone and fun to watch as the numbers keep propelling upwards. Good timing with today’s announcement of an exciting new launch from HANetf and ETC Group and a potential third futures-based bitcoin ETF from VanEck expected to launch in the US today.
China’s influence grows
China has leapfrogged the UK and France to become the world’s fifth-largest fund domicile. The Asian country pulled ahead of established asset management markets France, the UK, Japan and Australia to seize 4.1% of worldwide fund assets.
China’s ETF market crosses the $100 billion mark
European markets were down last week with a decrease in the FTSE 100 of 2.2%, Stoxx Europe 600 -3.28% and the DAX -3.32%. U.S. equities were down 2.22% for the same period.
