European ETFs hit record net inflows in 2024

The European ETF market has reached unprecedented heights in 2024, with net inflows surpassing €188 billion by October, according to Morningstar. This marks a €30 billion increase from the annual record set in 2021, driven by robust demand for equity-focused ETFs, particularly those with U.S. exposure. Assets under management crossed the €2 trillion mark for the first time, with equity ETFs accounting for 71% of the total. Bond ETFs also gained traction, as investors sought to lock in attractive yields ahead of rate cuts. This milestone underscores the growing appeal of ETFs as a preferred investment...