European exchange-traded funds (ETFs) reached a fresh record in October, with new inflows pushing the industry to its highest asset level, says latest report.
European ETF assets stood at US$3.11 trillion at the end of October, surpassing the previous record set in September, according to the latest report by ETFGI (Exchange Traded Funds Global Insight), an independent research and consultancy firm specialising in the global ETF and exchange-traded product (ETP) industry. Equity ETFs led activity, attracting US$25.66 billion in October The European ETF industry pulled in US$42.30 billion during the month, taking year to date inflows t