Bank sector ETFs see largest net inflows

The firm's Sector ETF Net Flows report, for the week ending 15 October, show ETFs providing exposure to media followed, with $141.3m year-to-date. Overall, Stoxx Europe 600 Sector ETFs had net inflows of $699.1m In contrast, food and beverage sector ETFs saw the largest net outflows in this time period, losing $167m. ETFs tracking the Stoxx sectors saw overall net outflows of $37.7m, with the automobiles and parts sector seeing the largest new outflows at $114.7m. The report highlights the $10.5bn in assets invested in ETFs is greater than the $4.2bn open interest in sector futures...