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Global investments in ETFs/ETPs hit US$3.4 tril record at end Nov

Funds

Global investments in ETFs/ETPs hit US$3.4 tril record at end Nov

PC Lee Published on Tue, Dec 20, 2016 / 1:13 PM GMT+8

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SINGAPORE (Dec 20): Assets invested in globally listed Exchange Traded Funds and Products (ETFs/ETPs) hit a new record high of US$3.4 trillion ($5 trillion) at the end of November, says research and consultancy firm ETGI.

Net new flows gathered by ETFs/ETPs in December were strong at US$59.0 billion, marking the 34th straight month of net inflows, according to preliminary data from ETFGI’s November 2016 global ETF and ETP industry insights report.