Europe sees ETF assets hit $256bn

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European ETF assets have risen by nearly 13% this year, boosting total assets under management (AUM) to $256.2bn, according to BlackRock.

The firm's ETF Landscape: Industry Review for the end of Q3 shows net new assets into European domiciled ETFs and exchange-traded products in September 2010 amounted to $5bn, taking year-to-date new assets to $34.3bn. Equity based ETFs and ETPs have seen over half of this, with inflows of $18.7bn year-to-date, of which emerging markets equity ETFs and ETPs gathered $7.5bn. Fixed income ETFs and ETPs have garnered $7.4bn over the year and are the most popular, with 22.4% of assets, followed by ETFs covering European country indices with 14.8% of the assets in Europe. Commodity based...

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