European ETF Market Trends August 2015 in brief European ETF market flows continued their positive trend in August 2015. NET NEW ASSETS (NNA) during this month amounted to EUR 9.7 billion, close to January 2015’s record high of EUR 10.9 billion. Total Assets under Management are up 17% vs. the end of 2014, reaching EUR 425 billion including a 4.8% market impact*. Ahead of the change in Fed monetary policy expected before the end of the year, investors are moving their allocation out of risky assets (Emerging Markets and High Yield) into equities in areas with modest but safe growth outlook (European equities).
Equity ETF flows rose significantly to EUR 7.3 billion. Investors have favoured developed markets with EUR 9.2 billion of inflows. European ETF inflows have reached high levels. ETFs in the European region gathered EUR 3.5 billion of inflows, France and peripheral equity inflows reached record high levels at EUR 373 million and EUR 326 million respectively. Flows were also positive on US ETFs at EUR 2 billion and on Japan at EUR 524 million. On the other hand, emerging market outflows have reached record levels of EUR 1.5 billion, close to the December 2014 record of EUR 1.8 billion. Country ETFs such as Indian, South Korean and Russian ETFs were among the most affected by investor fears of a riskier environment. Interestingly these concerns on emerging markets have also negatively impacted the Smart beta ETFs, which registered their first month of outflows for a year.
Fixed income ETF inflows were positive at EUR 2.3 billion. Interestingly these flows mainly affected European Govies at EUR 1.3 billion, which is close to January 2015’s record high. Investment grade corporate bond ETFs continue to see inflows, collecting EUR 403 million, while high yield bonds registered outflows of EUR 173 million with investors fleeing the riskiest assets.
Commodity flows were negative at EUR 27 million. Broad ETFs flows rebounded to EUR 162 million while precious metal ETFs saw EUR 189 million of outflows.
*75% of MSCI ACWI NTR +4.6%, and 25% of the JPM Global aggregate +5.4% between 31/12/14 and 31/08/15 in EUR
Virtune, en svensk reglerad digital kapitalförvaltare och emittent av kryptobörshandlade produkter, tillkännagav idag noteringen av två nya Crypto-ETPer på Nasdaq Helsinki, Virtune Avalanche ETPoch Virtune Staked Cardano ETP.
Virtune Avalanche ETP ger exponering mot Avalanche. Liksom alla Virtunes börshandlade produkter är Virtune Avalanche ETP 100 procent fysiskt uppbackad och helt säkerställd, denominerad i EUR för finska investerare, tillgänglig via mäklare och banker som Nordnet.
Nyckelinformation om Virtune Avalanche ETP och vad den erbjuder investerare:
Virtune Staked Cardano ETP ger exponering mot Cardano kombinerat med fördelarna med att satsa belöningar. Liksom alla Virtunes börshandlade produkter är Virtune Staked Cardano ETP 100 procent fysiskt uppbackad och helt säkerställd, denomineras i EUR för finska investerare och är tillgänglig via mäklare och banker som Nordnet.
Nyckelinformation om Virtune Staked Cardano ETP och vad den erbjuder investerare:
1:1 exponering mot Cardano med 2 procent extra årlig avkastning genom insatsbelöningar, så kallad staking.
Insatsbelöningar läggs till kontinuerligt och återspeglas i dagspriset för ETP
iShares EUR Government Bond 20yr Target DurationUCITSETF EUR (Acc) (CEB1 ETF) med ISIN IE000GHXL2Q3, strävar efter att spåra iBoxx® EUR Eurozone 20 Target Duration-index. iBoxx® EUR Eurozone 20 Target Duration-index följer eurodenominerade statsobligationer utgivna av euroområdets regeringar. Indexet ger en sammanlagd duration på cirka 20 år, det vill säga mellan 19 och 21 år vid varje månatlig ombalansering.
Den börshandlade fondens TER (total cost ratio) uppgår till 0,15 % p.a. iShares EUR Government Bond 20yr Target DurationUCITSETF EUR (Acc) är den billigaste ETF som följer iBoxx® EUR Eurozone 20 Target Duration-index. ETFen replikerar det underliggande indexets prestanda genom samplingsteknik (köper ett urval av de mest relevanta indexbeståndsdelarna). Ränteintäkterna (kupongerna) i ETFn ackumuleras och återinvesteras.
iShares EUR Government Bond 20yr Target DurationUCITSETF EUR (Acc) har tillgångar på 106 miljoner euro under förvaltning. Denna ETF lanserades den 29 maj 2024 och har sin hemvist i Irland.
Varför CEB1?
Riktad durationsexponering mot långfristiga eurostatsobligationer
Direktinvestering i statsobligationer
Regional statsobligationsexponering
Investeringsmål
Fonden strävar efter att följa utvecklingen av ett index som består av statsobligationer i euroområdet med en målduration på cirka 20 år och en lägsta rating på AA-.
Det betyder att det går att handla andelar i denna ETF genom de flesta svenska banker och Internetmäklare, till exempel DEGIRO, Nordnet, SAVR och Avanza.
Since Trump began imposing tariff—starting with Colombia last week—global markets have been in turmoil. The latest round of tariffs on Canada, Mexico, and China, with threats extending to the EU, has triggered sharp declines across risk assets. Canada and Mexico’s retaliatory tariffs have added to the uncertainty, setting the stage for further volatility.
This reaction mirrors last year’s turmoil following the BOJ’s rate hike, reinforcing how macroeconomic shocks ripple through liquid markets like crypto. As capital swiftly reallocates, bitcoin’s dominance surged past 61.5%. With more geopolitical and economic shifts potentially ahead, we are monitoring bitcoin’s sensitivity to global financial conditions, which will remain a key factor for its price action.
Market Highlights
Trump imposes tariffs on imported goods
Trump imposed tariffs on all imported goods from Canada, Mexico and China, setting the stage for a trade war with US trading partners.
This brings volatility and uncertainty to risk assets, creating short-term headwinds that impacted crypto assets more heavily since it was the only market open during the weekend.
SEC eases crypto custody rules
SEC replaced SAB 121 (crypto custody as balance sheet liabilities) with SAB 122, letting firms assess liabilities under the current accounting standards in the US and worldwide.
This has made it more feasible for US banks to custody crypto and could encourage greater institutional participation, enhancing market liquidity.
In-kind bitcoin redemptions proposal
Nasdaq proposed in-kind BTC redemptions for bitcoin ETFs, with the potential to improve efficiency and reduce costs for issuers and investors.
The approval could make BTC ETFs more attractive to institutions and market makers by streamlining operations and capital efficiency, fostering a stronger ETF market for BTC.
Market Metrics
Trump’s tariff announcements on Friday created a strong headwind for digital assets at the end of last week, as crypto was the only liquid market open during the weekend. The NCITM responded with a 9.1% decline, losing its lead as the best performing asset YTD, but still up 3.0% in 2025. Despite recent headwinds, advancements in US crypto regulation and the steady pace of institutional adoption remain strong tailwinds for crypto as 2025 progresses.