Global ETF flows remained steady in May, falling slightly to €42.1bn (£36.2bn) from €42.7bn (£36.7) in April, according to data from Amundi.
Unlike April, when investors favoured fixed income, allocations to the asset class almost equalled equities in May, with inflows of €19.5bn and €18.2bn, respectively. Deep Dive: ETFs in 'early stages of growth' as assets exceed $10trn US and World large-cap equity took the top spot by sector, with inflows of €20.5bn, while investors pulled €6.8bn from large value stocks. European inflows European ETF flows fell to €7.2bn, with equity ETFs receiving just €2.3bn, all of which went to ESG equity strategies with inflows of €2.7bn. European fixed income flows were over double t...
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