AL WATHBA/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan visited poet Saif …
Read More »A $1trillion rally’s reward is billions of ETF outflows
Bloomberg European stocks may be off to a roaring start this year, but exchange-traded funds (ETFs) tracking them aren’t immune to the outflows that hit US equity funds earlier in the quarter. Despite an 11 percent surge for the Stoxx Europe 600 Index, ETFs targeting region’s shares have bled more than $4 billion in 2019. Among the biggest losers: benchmark …
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