European investors dump US equity ETFs in February
March 5, 2025-Outflows are in contrast to the US where flows to US equity ETFs represented nearly half of the total accrued
European investors pulled money from US equity exchange traded funds in February for the first time since May 2023 in a sign of an abrupt change in sentiment on the continent towards US equities and in contrast to their US peers.
European-domiciled ETFs that invest in US equities suffered $510mn in outflows in February, even though total inflows into ETFs in Europe edged up to $35.3bn in February.
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Source: ft.com
Euronext plan to consolidate ETF trading venues sparks scepticism
March 4, 2025-Industry figures have welcomed ambitious plans by Euronext, the stock exchange group, to consolidate the thousands of exchange traded product listings scattered across its seven bourses on to one venue.
However, some are sceptical about whether Euronext can achieve its aim-particularly by the end of the September, which is believed to be its target-given the political sensitivities around the health of national stock exchanges.
Euronext has more than 3,300 ETP listings spread across the Milan, Amsterdam, Paris, Oslo, Brussels, Dublin and Lisbon exchanges, with many funds listed in several locations.
State Street said it will be responding to the SEC's letter but had no further comment at present.
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Source: ft.com