European markets were finally up last week after two straight weeks of losses. The FTSE 100 increased +2.42%, the FTSE 250 was up +4.17%, whilst the Stoxx Europe 600 saw an increase of +2.08%. The DAX was also up for the week with a positive return of +2.94%.
Massive Outflows From Vanguard All-World Dividend ETF
Global markets were mixed last week with losses across the board in Europe. The FTSE 100 dropped -3.68%, the FTSE 250 was down -1.90%, whilst the Stoxx Europe 600 saw a decrease of -2.97%. The DAX was also down for the week with a negative return of -4.09%.
Thematic ETFs are having a moment
Global markets began the week in positive territory on news of upbeat vaccine trial developments and the unanimous agreement among EU leaders for an additional €750bn in coronavirus recovery funds.
June Equity ETF Flows back in positive territory
Stocks in Europe, the U.S. and China were mixed last week. The FTSE 100 jumped +3.20%, the FTSE 250 was up +0.99%, whilst the Stoxx Europe 600 saw an increase of +1.63%. The DAX was also up for the week with a positive return of +2.26%.
Vanguard pulls in $90.4bn of new assets
VanEck launched a new ETF designed to capitalise on global companies operating with a wide economic ‘moat’ over their peers.
Credit Suisse surpasses $2bn AuM
Since their return to the ETF space in March of this year, Credit Suisse’s range of ETFs have surpassed $2bn in assets under management.
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.
Global ETP inflows of $45.8 billion in May
Global equities rose last week as investors reacted to news of additional government stimulus and central bank support.
First Bitcoin ETC launched on Deutsche Börse
ETC Group plans to list the world’s first centrally cleared Bitcoin Exchange Traded Cryptocurrency, Bitcoin Exchange Traded Crypto – (BTCE).
HSBC launches sustainability range
HSBC Global Asset Management launched a range of sustainable equity ETFs tracking newly created FTSE Russell indices.