August marked 11 consecutive months of net inflows into exchange-traded products (ETPs), with $11.5 million (€10.3 million) raised in the European market.
According to research firm ETFGI, August was the third best month for net inflows this year.
In the eight months to the end of August, Europe saw inflows into ETPs, including exchange-traded funds (ETFs), of $59.7 million – which beat the record set over the same period last year by 17%.
In the month itself, equity ETFs and ETPs gathered the largest amount of cash ($7.8 billion), followed by fixed income ($2.3 billion) and commodities ($406 million).
iShares saw the largest inflows of $20.9 billion, followed by db x-trackers, Lyxor Asset Management, UBS ETFs and then Vanguard, which saw $3.3 billion of inflows.
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