European ETFs gained $30 billion in November

European ETFs gained $30 billion in November
European ETFs gained $30 billion in November

Assets managed in European exchange-traded funds (ETFs) and exchange-traded products (ETPs) increased from $1.82 trillion at the end of 2023 to $2.29 trillion at the end of November 2024.

The research and advisory company ETFGI that year-to-date net inflows of $237.5 billion “are the highest on record.” Net inflows of $29.7 billion in November 2024 marked the “26e consecutive month of net inflows.

European ETF assets are up 78% from five years ago and 400% from ten years ago, according to ETFGI figures.

Amundi held three of the top ten European ETFs by net inflows as of November 2024, while State Street’s Ishares and SPDR held two each, and Invesco, Vanguard and Xtrackers one each.

At the end of November 2024, there were a total of 3,102 European ETFs, with 12,866 registrations, offered by 107 providers on 29 exchanges.

THE or exchange-traded funds, and ETPs, or exchange-traded products, automatically track an index or type of financial asset, and can be bought or sold in real time on the stock market. Many investors place their savings in ETFs because the management fees are generally lower.

This article was originally written translated and edited for the Paperjam website in French.

Belgium

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