European Investor Flows Reveal a Pickier Mindset with ETF Plays
European Investor Flows Reveal a Pickier Mindset with ETF Plays December 23, 2020 European exchange traded fund investors dumped S&P 500 exposure for the more technology-heavy Nasdaq-100 and a number of sector picks, like those that track so-called sustainable indices. According to Invesco data, in the six years ended 2019, 59% of the $91 billion of net new money European ETF investors pumped into U.S. equities went into those that tracked the S&P 500, the Financial Times reports. However, we witnessed a shift in preferences over the first 11 months of the year as Europeans yanked a net $7....
Source: etftrends.com