Data from ETFGI, a London-based consultancy, shows that ETFs and ETPs listed in Europe gathered $5.76 billion in net new assets in June and $32.1 billion year to date, which outpaces the previous high of $20.5 billion at this point in 2011.
Net flows combined with positive market performance during H1 2014 pushed assets in the European ETF/ETP industry to a new record high of $470 billion invested in 2,059 ETFs/ETPs, with 6,227 listings, from 50 providers listed on 25 exchanges.
The ETF/ETP industry in most countries and regions reached new record highs in assets at the end of Q2 2014, including: globally $2.64 trillion; in the United States $1.86 trillion; in Asia Pacific ex Japan $96.7 billion; in Japan $90.1 billion; in Canada $65.7 billion and in the Middle East and Africa $43.5 billion.
At the end of Q2, European listed ETFs/ETPs had gathered a record level of $32.1 billion in net inflows nearly surpassing the full year record inflows of $33.3 billion gathered in 2012.
Year to date equity ETFs/ETPs gathered the largest net inflows with $18.5 billion, followed by fixed income with $12.3 billion, while commodity ETFs/ETPs had net outflows of $427 million.
iShares has been the strongest performer in the region, gathering $12.9 billion, followed by Lyxor with $3.55 billion, UBS with $3.35 billion, Source with $3.13 billion and Vanguard with $2.76 billion in net inflows.