The promoters of ETFs enjoyed net inflows (+€3.1 bn) for August. These were the lowest monthly net inflows into ETFs in Europe since November 2016 (+€3.0 bn).
As the Trump rally continues to widen the gap between US and ex-US valuations, ETF investors are flocking to cheaper exposures abroad.
Gold exchange traded products (ETPs) have enjoyed increased inflows over recently weeks, as tensions between the US and North Korea push investors into safer assets.
GDP growth in India has declined for six straight quarters in a row, with the most recent figure surprising analysts and bringing India ETFs into focus.
The potential launch of a bitcoin ETF has been in the pipeline since 2013, but the US regulator has continued to stall its decision on whether this product is deemed safe for investors.
Investors have piled more than $1.3 billion into ETFs tracking French companies since March, hoping for the country’s newest and youngest President to cut taxes.