Eurozone stocks are much more popular with Americans than Europeans.
While the United States poured EUR 3.8 billion into corresponding exchange-traded index funds in the first half of the year, Europeans withdrew EUR 1 billion from Eurozone ETFs in the same period.
This emerges from the half-yearly figures for the global ETF market, which the French asset manager Amundi presented on Friday.
American investors have invested a total of 359 billion euros in ETFs, however, significantly more than the Europeans, who only invested 72 billion euros.
Tim Kanning
Editor in business.
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All in all, 588 billion euros flowed into index funds in the first six months of the year, which, unlike actively managed funds, simply track a certain securities index. According to Amundi, four fifths of this money went to American securities. Investors withdrew a total of 500 million euros from index funds on German stocks. Index products on commodities were significantly more popular with Europeans than with Americans and Asians. Here Europeans invested 2.8 billion euros, while American investors withdrew 900 million euros and Asians even withdrew 1.1 billion euros. Emerging market investments were also particularly unpopular with Asians: They withdrew 4.5 billion euros from corresponding ETFs, while Europeans and Americans continued to invest there.