ETF inflows in Europe hit record high
European-listed ETFs and ETP assets reached a record high at the end of August of $477.4bn, according to ETFGI.
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European-listed ETFs and ETP assets reached a record high at the end of August of $477.4bn, according to ETFGI.
European investors have suddenly started to pour in money into corporate bonds in June, while net inflows into high yield bond funds collapsed.
A significant recovery in sentiment and valuations of emerging markets assets has been under way over recent months but
European fund buyers are increasingly looking for refuge as both bond and equity prices have started to look suspiciously high.
Flows into absolute return funds have reached a new high in the first five months of this year.
Money flows to developed equity funds are now at the lowest level since June 2013, according to the latest EIE fund flows data.
Flows into European equity funds are the lowest they have been for almost a year.
European investors have significantly increased their investments in long-short European equity funds.
There are signs of a massive turnaround in emerging market fund flows, Morningstar’s freshest data suggest.
Bonds are, for as long as it takes, again the top-selling asset class among European investors.
Though fund selector sentiment towards the asset class has slipped, money still poured into US equity funds in the first two months of 2014.
Net sales of UCITS bond funds nearly doubled in February, according to EFAMA.