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).
Thomson Reuters Lipper
Equity ETFs fared much better than their active counterparts in 2016 gathering inflows just as active funds suffered withdrawals. The volatility caused by political events in the UK and US could be partly to blame, as Lipper believes investors are opting for shorter-term plays on the stock market.