After a period of net outflows from European listed ETFss, new  research has shown that May saw a return of inflows into the products.

During  the month, European-listed ETFs enjoyed $10.59 billion of inflows,  bringing year-to-date inflows to $21.33 million according to ETF  consultancy ETFGI This a big drop on the figure at the same point last  year, $38.51 billion and is the one main region which hasn’t seen an  increase on a year-on-year basis.

In March, there were mass  outflows of EUR 22 billion from the products, dwarfing the previous  record outflow amount of EUR 8.3 billion set in August 2019.

Total  assets invested in European listed ETFs increased by 4.6 percent at the  end of May to $971.21 billion, the fifth highest figure on record  according to ETFGI.

Unlike other regions where equity products were favoured, in Europe fixed income ETFs attracted the lion’s share of inflows with $6.46 billion.

Another feature of the European ETF  market is the popularity of commodity ETFs, largely out of favour in  other parts of the world. Year-to-date these products have received  $14.26 billion in inflows, a huge uptick on the figure at the same time  last year, just $750 million.

ETFGI also reported today that Environmental, Social, and Governance (ESG) ETFs and ETPs listed globally gathered net inflows of $4.33 billion during May, bringing year-to-date net inflows to $28.53 billion which is significantly more than the $7.19 billion gathered at this point last year.