Sustainable funds continued to gain momentum in the third quarter of 2020, representing a growth of 27% since end of June.
The global ETF/ETP market was only $31.6bn away from the annual inflow record at the end of October 2020 with two months to go, ETFGI reports.
Net sales of Ucits and AIFs totalled €30bn, down from €124bn in July
A report by the Investment Company Institute Global stresses that asset-weighted average ongoing charges for equity and fixed income Ucits funds fell three and one basis points over 2019 respectively.
Retail investors bought equity and combination funds for NOK 1.2bn (€110m) while institutional investors poured NOK 1.3bn (€120m) in this asset class.
Despite uncertainty and large price fluctuations, investors poured in DKK 70bn (€9.41bn) of new money into Danish investment funds in the first nine months of the year.
ETFs and ETPs listed globally gathered net inflows of $59.74bn in September, bringing the year-to-date net inflows to a record level of $488.18bn.
The thematic ETF will capture companies that are positioned to benefit from the explosive growth of digital infrastructure and connectivity.