European ETF Outflows Spread as Iran War Oil Shock Tests Market Calm
European ETFs saw $3.9 billion in outflows by March 18 as investors pulled money from bonds and financial stocks amid war fears with Iran, according to Morningstar Direct. Brent crude dropped 10.9% to $99.94 a barrel Monday, while London’s FTSE 100 pared earlier losses. Global equity funds lost $20.3 billion that week, the largest outflow in three months.