European Growth ETFs, which focus on “growth” stocks, attracted €120m in the three months to September, their strongest quarter since 2015. The move mirrored the US, where growth ETFs took in $9.4bn in Q3, the second strongest quarter on record, and reversing the $8.5bn of net outflows the sector suffered in the previous 12 months. Growth stocks typically trade at higher price-to-earnings or price-to-book-multiples The move followed European Investors in Q3 pulling a record net €3.7bn from European value ETF … Continue reading “US and European ETFs See Switch From Value To Growth Stocks in Q3”