Investors Bet Big on European Resurgence: $11 Billion Flood into ETFs in ‘MEGA’ Trend
U.S. investors poured a record $10.6 billion into exchange-traded funds focused on European stocks in the first quarter, seven times the inflows recorded a year earlier, according to data from BlackRock. As U.S. President Donald Trump's tariffs and economic policies fuel uncertainty across markets, European equities have emerged as a bright spot. Tim Seymour, founder and chief investment officer of Seymour Asset Management, dubbed the burgeoning trend Make Europe Great Again, or MEGA. The resurgent interest in European ETFs reflects a sharp reversal in sentiment. Since Russia's invasion of Ukraine in February 2022, the funds had seen net outflows of $6.4 billion. "It's a really massive swing," said Kristy Akullian, head of iShares Investment Strategy at BlackRock. In three of the last five calendar years, investors steered money out of European ETFs that trade in U.S. markets and into domestic […]