The Financial Times has noted that the exchange traded funds (ETF) industry made a strong start to the second half of the year after gathering net inflows of $33.8 billion in July, helped by record monthly inflows in Europe and a continuing recovery in the demand for emerging markets ETFs.
Ursula Marchioni, head of ETP research and equity strategy for Europe, the Middle East and Africa at iShares, BlackRock’s ETF business, also told FT that investors have been rethinking their under-allocation to emerging markets. This rethink would include China as China ETFs attracted inflows of $3.6bn in July, up from $1.7bn in June.
To read the whole article, Rethink over emerging markets buoys ETFs, go to the website of the Financial Times.
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