US equity ETFs draw big bucks as European ones lose them
While North American equity ETFs have had big inflows since the start of the year, those based on European equities have had huge outflows
Investors are pouring money into North American equities through exchange-traded funds (ETFs) and fleeing from those tracking European stocks.
Year to date (until the end of April), there have been $20.2 billion inflows into ETFs tracking US equity indexes, while ETFs tracking European equity indexes have experienced $5.8 billion in outflows, according to an ETF Global Insight report. The vast majority of outflows from the latter were associated with ETFs tracking the German Dax, according to a
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