02.05.2016 - European ETFs hit by record outflows

ETFs tracking European assets have suffered a rush to the exits, with particularly heavy redemptions from equities as the rally that pushed the region’s stocks to multi-month highs runs out of steam. Some $2.63bn poured out of ETFs tracking European assets in the first four days of this week, according to Markit data, which is already a record outflow. Most of these redemptions- $2.41bn- came from equity funds..............................................Full Article: Source

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