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Investors pull $6.4bn from European ETFs

Brexit vote has sped up the flow of money out of some big Europe-focused exchange-traded funds

Investors pull $6.4bn from European ETFs
Photo: iStock

Britain’s vote to leave European Union has sped up the flow of money out of some big Europe-focused exchange-traded funds.

Investors yanked more than $6.4 billion from the 10 largest US-listed Europe exchange-traded funds in the two months ended July 30, says S&P Global Market Intelligence. Those funds now have $41.9 billion in assets, it says.

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