07.03.2014 - Global ETF and ETP assets reached $2.44 trillion dollars
Flows into ETFs and ETPs listed globally rebounded in February gathering net inflows of US $29.0 billion which, when combined with the positive market performance in the month, pushed assets in the global ETF/ETP industry to a new record high of US $2.44 trillion, according to preliminary findings from ETFGI’s February Global ETF and ETP industry insights report. The Global ETF/ETP industry has 5,183 ETFs/ETPs, with 10,210 listings, from 219 providers on 59 exchanges. “Positive comments from the Fed indicating that the US economy continues to brighten, the S&P 500 ending February with a record close of 1859 and signs of a wider global recovery in equities seems to have caused investors to come out of their winter hibernation after the winter storms and put net inflows of US $29.0 billion into ETFs/ETPs in February,” according to Deborah Fuhr, Managing Partner at ETFGI...............................................Full Article: Source