ETFGI reports that the ETF industry in Europe suffered net outflows of USD2.94 billion during July, bringing year-to-date net inflows to USD65.23 billion.
During the month, assets invested in the ETFs industry in Europe increased by 4.1 per cent, from USD1.37 trillion at the end of June to USD1.43 trillion.
YTD net inflows of USD65.23 billion are the third highest on record, after YTD net inflows of USD127.10 billion in 2021 and YTD net inflows of USD73.89 billion in 2017.
This is the second month of net outflows in Europe.
