US large-cap ETFs rake in €18bn in September as risk sentiment returns

TrackInsight data

US large-cap stocks ETFs enjoyed in the highest inflows during September, according to the latest data from TrackInsight, with net sales of €18.4bn following a lacklustre August as equities continue to yo-yo in and out of investors' favour.

The inflows came despite the continued threat of a trade war escalation between the US and China, significantly boosting the year-to-date intake of the asset class, which now stand at €40.8bn. Global and small-cap stock ETFs were also in favour, taking in €9bn and €3.5bn respectively during the month. This follows strong outflows from both asset categories during a risk-off August. However, developed investment grade bonds also remained in favour, attracting €11.2bn as investors looked to shore up their portfolios. All bond categories were in the black in September, though develope...