The Evelyn Partners’ Sustainable Managed Portfolio Service (SMPS) team has added new holdings in Atlas Global Infrastructure, Alquity Future World and iShares MSCI Japan SRI ETF to its models in its latest re-balance.
European Investor Flows Reveal a Pickier Mindset with ETF Plays December 23, 2020
European exchange traded fund investors dumped S&P 500 exposure for the more technology-heavy Nasdaq-100 and a number of sector picks, like those that track so-called sustainable indices.
According to Invesco data, in the six years ended 2019, 59% of the $91 billion of net new money European ETF investors pumped into U.S. equities went into those that tracked the S&P 500, the Financial Times reports.
However, we witnessed a shift in preferences over the first 11 months of the year as Europeans yanked a net $7.8 billion from ETFs tracking the S&P 500, but they funneled $17 billion into ETFs based on other U.S. equity indices.