European ETFs draw EUR127.4bn in Q3, Amundi flags record year in reach

European-domiciled ETFs took EUR127.4 billion of net new assets in the third quarter, 12 per cent more than in the second, according to Amundi’s quarterly review of the market as reported by ETF Express. The review was published on 13 October.

Amundi places the quarter against EUR113.6 billion in the previous quarter and EUR89.1 billion in Q3 2025, and says the pace raises the likelihood of a record year of asset gathering. Total assets in the market stood at EUR3.2 trillion at the end of September.

Equity funds accounted for EUR99.3 billion, just under 78 per cent of the quarter’s net new assets. Broad developed-market exposure did the work, with all-country world strategies at EUR29 billion and developed-market world at EUR25.5 billion, and US equities are also listed at EUR25.5 billion.

Elsewhere in equities, Europe rebounded to EUR9.9 billion after outflows in the second quarter. Emerging-market funds accelerated to just under EUR6.8 billion from EUR5.6 billion, and Japan took EUR2.3 billion, a shade below the EUR2.7 billion of the prior quarter. Information technology led sector flows at EUR4.4 billion.

Fixed income added EUR26.4 billion, roughly a fifth of the quarter’s total, which Amundi ties to a more volatile rates backdrop.

Gold ETCs and ETPs gathered more than EUR10 billion, with the acceleration concentrated in August and September as investors responded to a bond market sell-off, rising Treasury yields and a risk-off tone. The prior high-water mark Amundi cites is not a quarter but a full calendar year: EUR7.6 billion in 2022. One quarter has now cleared a full-year record.