| Assets under management in Europe’s exchange-traded funds (ETF) market hit €473.6 billion in July, marking a new record high for the passive investment universe. According to Lipper figures, the July data indicated an increase from the previous high of €452.8 billion, which was achieved in June of this year.
The increase of €20.8 billion was largely driven by underlying markets, which added €12.8 billion on net new money, while bonds proved the most popular single asset class...............................................Full Article: Source
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