European equity ETPs enjoy sharp flow incline

Largest inflow since January 2022

BlackRock has reported a sharp climb in money flowing into European equity ETPs.

The asset manager revealed European equity saw the largest inflow since January 2022, with $7.3bn flowing into the space, led by US-listed European equity exposure. This highlights American investors' newfound proclivity to look beyond their domestic market, BlackRock noted. Of the total inflow, just $2.1bn added to EMEA-listed European equity included sector allocations to financials and consumer staples.  Revealed: BlackRock's three major themes Much of the money coming into European assets came from sales of US equity ETPs, with $1.7bn in total outflows in January. This wa...