September inflows propel new quarterly ETF record

ETF tradingExchange-traded product (ETP) inflows in Europe reached a record of $61.6 billion (€54.2 billion) in the third quarter (Q3).

The amount of flows into ETPs – which includes exchange-traded funds (ETFs) – “virtually tied” with the record $61.8 billion of net new assets raised for the whole of 2014, according to ETGI.

In September alone, European ETFs and ETPs saw inflows of $2 billion, with the vast majority of flows going into equity products. Fixed income products saw inflows while commodity ETFs and ETPs experienced net outflows.

However, on a year-to-date basis, all ETFs and ETPs have experienced net inflows. With equity products enjoying flows of $36.1 billion, followed by fixed income products with $20.2 billion, while commodity products received $811 million of investment.

September marked the 12th consecutive month of positive net inflows into ETFs and ETPs, according to ETFGI.

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