Global ETF flows halve in June

€775m of outflows for Eurozone UCITS equity ETFs

Flows into global ETFs nearly halved in June, from €71.9bn in May to €35.7bn, according to data from Amundi Asset Management.

Europe suffered €959m in outflows, as the region remains largely exposed to market impacts from the war in Ukraine. Investors withdrew €775m from the Eurozone, with redemptions year-to-date climbing to €4.3bn. Flows into European registered equity ETFs totalled €1.3bn last month, taking year-to-date flows to €44.9bn. The month had just two weeks of positive flows, with the last two weeks pervaded by outflows, which climbed to €959m. Morningstar: All asset classes record outflows for first time since 2019 US equity outflows totalled €769m, with year-to-date gains up at €14.4bn. Mean...