European ETF market hits record $1.72trn

Active ETFs attract strong inflows

Assets under management in the European ETF market reached a record $1.72trn at the end of November, beating the previous all-time high of $1.69trn set at the end of July.

The market gathered $18.2bn in net inflows last month, bringing the year-to-date net inflows to $138.4bn, according to an ETFGI report. These inflows are the second highest on record, following year-to-date net inflows of $181.6bn in 2021. Assets invested in the ETF industry in Europe have grown 21.6% so far this year, from $1.42trn at the end of 2022 to $1.72trn.  Deep Dive: Active ETFs are set to drive growth for the ETF industry Equity ETFs enjoyed net inflows of $12.1bn last month, taking the total year-to-date net inflows to $80bn, well above the $51.8bn in net inflows by this...