European ETPs gather net inflows of $5.06bn in November

Exchange-traded products (ETPs) listed in Europe gathered net new assets of US$5.06 billion (€4.46 billion) in November, marking the fiftieth consecutive month of net inflows.

According to ETFGI’s most recent Europe ETF and ETP industry insights report, equity products gathered the largest net inflows ($2.98 billion) during November, while active ETFs/ETPs experienced the largest net outflows ($518 million).

The second highest inflows, of $2.39 billion, went into fixed income ETPs.

The report also showed that European ETF/ETP assets rose 1.3% during November to $794 billion.

“While trade talks continue to make noise in the headlines, the very real prospect of slowing global growth appears to be filtering into market sentiment,” said Deborah Fuhr, managing partner and founder of the ETFGI consultancy.

©2018 funds europe

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