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Sterling falls back from seven-month high hit in early trade

© Reuters. FILE PHOTO: Woman holds British Pound banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration LONDON (Reuters) -Sterling retreated on Monday from a seven-month high against the dollar hit in Asian hours, having been helped last week...

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European ETFs see 12% drop in AUM despite inflows

In its European Demand Monitor report, Invesco reported that total AUM for ETFs had fallen to $1.42trn, representing a $192bn decline or 11.9% drop. Meanwhile, ESG ETFs accounted for 61% of net new assets, at $53bn in 2022, meaning that...

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Gold ETF Inflow Slumps in 2022 on Rising Prices

Inflow in gold exchange traded funds (ETFs) plunged by 90% to ₹459 crore in 2022 due to rising prices of yellow metal, increasing interest rate structure coupled with inflationary pressures. This was way lower than inflow of ₹4,814 crore in...

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