12.11.2012 - Rising uncertainty sees investors withdraw $10bln from ETFs
ETFGI's recent analysis found that $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 $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...............................................Full Article: Source
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