ESG ETFs attracted over half of the sector’s net inflows in October amidst rising concerns over inflation, while the S&P500 finished the month with a new record high, according to research by Lyxor ETF.
Across the board, equity and fixed income Europe-domiciled ETFs gathered "solid" net inflows of €10.4bn through the course of the month. Equities ETFs were strongly in favour, the research suggests, with investors adding a net €9.7bn to the asset class through the investment vehicle, while fixed income ETF flows fell just short of €1bn. Against the ongoing backdrop of uncertainty and rising inflation, European ESG ETFs "gained further momentum" with an influx of new cash to the tune of €6.5bn, accounting for over half of total ETF net inflows. Open-ended fixed income funds gained n...
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