This content is from: Innovation

STOXX Europe ETFs See $93.8M Outflows

STOXX Europe 600 sector ETFs have faced $93.8 million of outflows in the week ending April 15, 2011.

STOXX Europe 600 sector ETFs have faced $93.8 million of outflows in the week ending April 15, 2011, ETF Express reports. The basic resources sector ETF faced $144.5 million outflows, while telecommunications saw $63.2 million outflows.

Utilities sector ETF faced $132.3 million outflows. Oil and gas sector ETF experienced $491.9 million net inflows, followed by banks with $349.1 million inflows. STOXX sector ETFs had $10.8 billion in assets under management as of April 15, 2011.

Click here for the story from ETF Express.

Related Content