The BlackRock ETP Landscape report Industry Highlights provides commentary on the global Exchange Traded Product (ETP) industry as of June 2016.
Industry Highlights
June Global ETP flows reach three-month high, remain resilient post-Brexit
- Global ETPs brought in $24.5bn, with equities rebounding to $13.6bn led by smart beta with $7.4bn
- Flows held up well amid the market volatility related to the UK's EU referendum, with ETPs enabling investors to efficiently adjust their market exposure
- Outflows for Europe equity exposures moderated to ($1.6bn) and funds listed in Europe experienced their first inflows since January with $0.6bn
- Safe haven categories fared well, with gold and U.S. Treasuries accumulating $5.4bn and $1.5bn, respectively, and minimum volatility funds adding $2.8bn
- Yield-oriented funds brought in a combined $8.7bn, led by the best high dividend equity month on record with $3.8bn and EM debt with $2.3bn
- Broad EM equities generated $3.6bn to bounce back from outflows in May, and EAFE flows accelerated to $3.1bn
Sources: Markit