Developed market ETF inflows surge

ETFs investing in Europe and Japan attracted very large inflows last week as developed markets continued to prove popular with investors. The iShares S&P 500 topped the leaderboard for the fourth week running on inflows of $158m, and demand for growth stocks has also returned. iShares reported creations worth $38m on its Eurostoxx Total Market Growth Large ETF, of which LSPE supplied 20%. Meanwhile money continued to come out of emerging market (EM) ETFs, with redemptions worth $3.1bn taking outflows over the past three weeks to $13.3bn. Last week we saw large outflows totalling $...