The first half of the year has seen a turnaround in the fortunes of many global assets, as fears of a global trade war and concerns over the political future of the Eurozone dominated the news pages and affected sentiment for European assets.
European stocks, and particularly the German market, have been hit once again over recent days by the possibility of political turmoil in Germany caused by disagreements within the ruling coalition over the country’s migrant policy.
The weakening euro has provided a boost to a number of European stock markets over recent weeks, with the French CAC 40 being the latest to break out to a decade high.
Socially responsible investments (SRI) within ETFs continue to raise positive returns in 2018 and have recovered better from earlier dips compared to many other mainstream markets.
European large cap stock ETFs suffered outflows throughout March, according to TrackInsight data, as investors continued to fret about the political situation in Italy, the potential for a global trade war, and the possibility that the European Central Bank might be implementing tighter monetary policy.
European ETFs have suffered outflows since the beginning of March, as investors have been spooked by a double whammy of a potential trade war between the US and EU and the rise in support for populist parties in Italy. Investors have been taking money out of European equity products on the back of these fears, with €906.2 million leaving the asset class since the start of the month, TrackInsight data shows.