European ETF equity assets under management passed €1trn for the first time last month, as inflows into the sector surged to €6.2bn.
Overall, AUM for the entire European ETF industry increased to €1.4trn throughout June, with inflows reaching €11.5bn, data from LSEG Lipper revealed. Global ETF flows remain steady in May Bond ETFs saw €5.4bn in inflows, while alternatives ETFs lost €100m and commodities ETFs lost €600m. The data also revealed a continuing concentration of European ETF assets, with the top ten promoters accounting for 93.5% of all AUM in the industry. iShares, the largest player which controls 46% of all AUM, continued to be the best-selling ETF promoter in Europe, gaining €6.3bn throughout...
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