Investors rush to ETPs as flows hit four-year high

In September investors added $43.3bn (£26.8bn) to ETPs globally, a level not seen since December 2008 when $51.3bn was poured into the products. The data, from the ETP Landscape Report produced by the BlackRock Investment Institute, also revealed ETP assets reached a new high of $1.85trn last month, compared with $1.76trn the end of August. Europe saw significant flows in September, with Pan-European Equity ETPs adding $3.1bn, the highest monthly total for the region since October 2008. Gold ETPs were also popular, drawing $3.8bn in September, while combined flows for September and...