Exchange-traded fund assets under management continue to smash records in Europe

sp-oct08-15-gif

Assets under management (AUM) in exchange traded funds (ETFs) in Europe reached an all-time high in August, hitting $192.1 billion, according to research published by Barclays Global Investors (BGI) in September. The spike has been driven by emerging market and fixed-income ETFs, says BGI, which highlights that assets have grown by 34.7% in the year to date. It is the second month in succession that the record has been broken, after assets reached $182.5 billion in July. Twelve months previou