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ETFs and ETPs had $13.5 bln of net inflows in October 2012

Posted on 06 November 2012

According to ETFGI US$13.5 billion of net new assets (NNA) flowed into global Exchange Traded Funds (ETFs) and Exchange Traded Products (ETPs) in October which is lower than the US$40 billion of net inflows in September 2012. Investors and investments suffered from growing uncertainty in October over the likely outcome of the US presidential election, the impact of the fiscal cliff in the US, the likely impact of superstorm Sandy and the on-going debt concerns in the Eurozone.
US listed ETFs and ETPs which traditionally account for the majority of NNA saw these uncertainties dampen the inflows into ETFs and ETPs listed in the US to just US$2.7 billion or 20% of NNA in October……………………………………….Full Article: Source


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VRS - who has written 39533 posts on Opalesque Commodities Briefing.


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