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Tech stock ETFs see biggest inflows

Tech stock ETFs see biggest inflows

ETF selection platform TrackInsight has commented that despite some pronounced outflows in June, the Technology Stocks segment saw the biggest sector inflows overall in the first six months of the year, attracting more than EUR4 billion.

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Aussie ETFs hit new record high

Aussie ETFs hit new record high

News from Sydney reveals that despite declines in the broader Australian market, net inflows lifted the Australian ETF industry by 2.6 per cent (or AUD733.7 million) to hit a new record high of AUD29 billion in funds under management, according to the BetaShares Australian ETF Review – May 2017.

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WisdomTree comments on UK inflation rise

WisdomTree comments on UK inflation rise

The May inflation release from the UK’s Office for National Statistics shows CPI inflation has jumped up to a high of 2.9 per cent.

Commenting, Viktor Nossek, director of research at WisdomTree in Europe, says: "Inflation has caught markets unawares today, accelerating to 2.9 per cent as the cost of goods and services - rather than imports - drove it higher.