04.09.2013 - ETF outflows hit record, but records aren’t what they used to be
Investors pulled a record amount of money out of exchange-traded funds in August, but given the growth of the ETF industry, a record isn’t what it used to be. On its face, August was the worst month ever for outflows from U.S.-listed ETFs, according to BlackRock Inc. Some $17.5 billion flowed out of all U.S. ETFs, topping the previous record for $17.1 billion, set in January 2010...............................................Full Article: Source
Print