Strong inflows into exchange traded funds (ETFs) this year, which have grown during the recent market volatility, has underscored the growing strategic role the products are playing in investor portfolios, according to industry observers. A record level of $152bn (£99bn, €138bn) in net new assets flowed into exchange traded funds and products (ETFs/ETPs) around the world in the first six months of 2015, according to preliminary data from research firm ETFGI.
The rise in net assets, particularly for equity ETFs which saw a big rise in June, came during a period when the Chinese stock markets fell by around 30% and the Greek crisis rattled markets around the world. Globally the ETF industry had assets of $2.97trn by the end of June held in 11,295 listed products from 259 providers available on 62 exchanges in 51 countries, the London-based data provider said...............................................Full Article: Source
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