European equity ETFs enjoy strong inflows in September

European ETF industry AUM climbs to €795.5bn

The European exchange-traded fund (ETF) industry recorded net inflows of €19.5bn in September, exceeding the rolling 12-month average and driven largely by equity ETFs, according to the latest data.

The European ETF Market Report from the Lipper team at Refinitiv showed that equity ETFs had the highest net inflows in the European ETF industry for the month, at €12.8bn, and said the flows could be seen as a sign that European investors had returned to the market after a massive sell-off of equity ETFs in August. Bond ETFs were the asset type with the second highest, recording net inflows of €5.6bn, followed by alternative UCITS ETFs with net inflows of €0.5bn, while the only asset type to record net outflows was ‘Other' ETFs (-€0.003bn). Combined with the positive performance of t...