Global ETP flows tick up in August

European ETP outflows climb to $7.7bn

clock • 2 min read

Global flows into exchange-traded products inched higher in August, with $49.4bn added, boosted by US equity inflows, while European outflows continued on a six-month outflow streak.

Investors added $49.4bn to ETPs globally in August, up from $46.9bn in July, with equities accounting for the majority of buying at 60%, compared with 42% in July. The uptick was driven largely by US equity inflows as investors continued to shun Europe amid a challenging economic environment for the region. Investors sold out of European ETPs for the sixth consecutive month, with total outflows climbing to $7.7bn, the second-highest figure on record. This sits behind the $8.9bn outflow figure in July 2016, following the Brexit vote. Global ETF flows halve in June Rising pressure...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Global

Trustpilot