Global ETP flows drop 38% in November on US equities

Healthcare a bright spot

clock • 3 min read

Flows into global exchange traded products fell 38% in November, weighed on by falling US equity allocations, but healthcare was a bright spot.

Month-on-month, flows into ETPs dropped to $74.8bn in November, down from $121bn in October, according to figures from BlackRock. Equity flows led the decline, halving from $84.9bn in October to $43.2bn in November. The drop off in headline equity flows was due to US equity allocations falling month-on-month. Inflows dropped to $21.4bn from $57.5bn in October. In terms of sectors, flows tilted slightly more defensive in November. Financials, energy and industrials saw outflows in the last week of the month, which turned financials' flows negative (-$0.4bn). HANetf to expand ETP ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on ETFs

7IM's Ben Kumar: The debate around the passive pendulum swinging too far

7IM's Ben Kumar: The debate around the passive pendulum swinging too far

'A catastrophic event' highly unlikely

Ben Kumar
clock 05 December 2024 • 4 min read
Robeco makes range of active ETFs available to UK market

Robeco makes range of active ETFs available to UK market

Previously only available on Frankfurt and Swiss exchanges

Eve Maddock-Jones
clock 04 December 2024 • 2 min read
WisdomTree's Alexis Marinof: The greatest innovations in ETFs are still ahead

WisdomTree's Alexis Marinof: The greatest innovations in ETFs are still ahead

'Increased adoption, more investor choice'

Alexis Marinof
clock 03 December 2024 • 3 min read
Trustpilot