The European exchange-traded fund (ETF) market reached a "record" high last year as overall inflows surpassed €100bn ($110bn) for the first time.

European ETFs gathered a record €100.8bn in 2019, bringing total assets to €870bn (up 40 percent on 2018), according to Lyxor ETF Research's Money Monitor 2019 report.

ETFs now represent 7% of total European funds' as