Long-term products faced significant losses as well, shedding €45bn over the month, reflecting the trajectory for the year to date, with outflows of €27.6bn.
LSEG Lipper: October sees biggest UK equity redemptions since Mini Budget
By comparison, ETFs attracted net inflows of €15.2bn, while money market products attracted the highest estimated net inflows for the month (€41.3bn), with bond products holding the title of best-selling asset type this year, posting €110.5bn of inflows.
Among fund houses, JP Morgan was the best-seller in Europe for October, LSEG Lipper found, with €7.1b…
