Equities led bond inflows in Europe’s exchange-traded fund sector in January.
Equity ETFs saw €7 billion of net investments, compared to €4.9 billion for bonds.
Overall ETF assets under management grew to a new record, partly due to inflows. The data, which is from Refinitiv, shows investors sunk a net €12.1 billion into European ETFs throughout the month, bringing total assets to €883.1 billion. This is an increase from €869.8 billion at the end of last year.
Market performance of underlying assets added €1.2 billion.
The best-selling promoter in Europe was iShares with €5.2 billion, ahead of Xtrackers and UBS ETF which both received €1.3 billion of new cash each.
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