Lyxor Asset Management said the assets under management (AUM) of European ETPs hit €243 billion last week, IFA Online reports. Commodity ETPs gained second place by turnover that increased by more than 71% on the previous week.
As per Deutsche Bank’s weekly review, European ETPs saw outflows of €325 million after the European equity markets picked up again. It said equity ETFs saw outflows of €135 million, mostly in non-European exposures. However, ETFs on the German Dax witnessed €614 million of inflows.
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