Global exchange-traded funds attracted €111bn inflows in October, over a threefold increase on the previous month, the latest ETF Market Flows, analysis by Amundi shows.
This is the first time inflows have topped €100bn since March, a sign that investor confidence may be recovering after several months of slow flows into the space. The US market added €88.4bn to ETFs over the month, while Asian and European investors allocated €13.7bn and €9bn, respectively. Equities gained €79.9bn in October, making it the most popular asset class among global investors, with North American stocks in particular attracting the most inflows at €49.4bn. Amundi converts two ETFs into Article 8 funds Unlike the North America and Asia, European equity ETFs gained l...
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