European equity ETFs stage €1bn comeback

The provider's latest exchange-traded product research shows all major European equity indices closed out the week ending 10 December on sharp gains. The CAC 40 up almost 3%, the Eurostoxx 50 also rose 2.1%, the FTSE 100 went up 1.2% and the DAX rose 0.8%. These two trends boosted European ETF assets under management (AUM) by over €2.3bn over the same week. With continuing healthy inflows of €365m to emerging market funds, European equity ETFs finished the week with assets of nearly €144.7bn, a year-to-date increase of 31.2%. Weekly inflows across all asset classes totalled €2.1bn,...