Strong demand for exchange-traded products in Europe led to inflows of €41bn in the 12 months to the end of July, according to iShares.
Overall assets under management for European ETPs are now €137bn, representing a 28% increase in asset levels over the past year. Inflows have been spread broadly, with products covering regional equity benchmarks seeing the largest inflows of €11bn (28% of total inflows), with the most substantial flows into broad pan-European ETFs, followed by global regional benchmarks such as MSCI World and MSCI Emerging Markets. Fixed income funds claimed 16% of new assets, with the bulk of this in corporate bonds and short-term government bonds at the expense of money market ETFs, which exper...
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