ETF Investors Go for Gold and Bonds in 2016

The first quarter of 2016 was a rollercoaster for investors. But despite the volatile market conditions the European ETF industry attracted €9.94 billion of new money

Jose Garcia-Zarate 14 April, 2016 | 12:26PM

The European exchange-traded-fund (ETF) industry attracted €10 billion of net new money in the first quarter of 2016. Expectations for this corner of the passive fund world were particularly high in the wake of a record-high 2015 when investors placed €72 billion in these investment vehicles.

Two physical gold ETCs are among the top-three funds of the quarter

Given this backdrop, it would be tempting to class the quarterly outcome as somewhat disappointing. However, this would be harsh judgment given the rather volatile market conditions experienced during the period.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Gold Bullion Securities ETC GBP12,562.00 GBX1.65
Invesco Physical Gold ETC159.76 USD1.95

About Author

Jose Garcia-Zarate

Jose Garcia-Zarate  is Associate Director of Passive Strategies Research for Morningstar Europe

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