Global and EM equity ETFs shed €22.5bn in August

Latest TrackInsight data

August was a difficult month for stocks ETFs, with all but one equity category suffering outflows and global and emerging stocks ETFs shedding a combined €22.5bn during the month, according to TrackInsight figures.

After raking in some €7bn during the previous months, global equity ETFs suffered a reversal of fortunes with the highest outflows of €11.4bn; emerging markets equity products followed hot on their heels with €11.1bn of redemptions. Other equity regions also did not escape the cull, will small-cap stocks ETFs shedding €1.8bn and European large-cap stocks ETFs seeing outflows of €722m. In fact, the only equity category which continued to take in money during August was US large caps, which saw inflows of €892m, albeit far lower than the previous month's figure as many investors were sp...