ETFs in Europe surge in 2022 despite market headwinds
Cerulli Associates has found, in line with the European Fund and Asset Management Association (Efama), that 2022 saw high net outflows from UCTIS and AIFs mitigated by increased demand for ETFs and sustainable funds.
Cerulli Associates has found, in line with the Efama, that 2022 saw high net outflows from UCTIS and AIFs mitigated by increased demand for ETFs and sustainable funds.
Cerulli found that a growing specialisation in the European ETF market, across location, credit quality, industry sector, and duration, is continuing to drive investor adoption in a volatile market.
Notwithstanding bad market conditions, ETFs headquartered in Europe continued to acquire net new money from European investors last year, whilst their active mutual funds rivals posted a high level of outflows.
In 2022, ETFs saw € 77 billion in net inflows while there were €159 billion in net inflows 2021.
Read more: https://institutionalassetmanager.co.uk/analysts-reveal-strong-appetite-for-etfs/