| ETFs and ETPs listed in the United States are gathering net new assets 8% percent faster than in prior years according to ETFGI. A record level of US$125.1 billion in net new assets (NNA) was gathered by ETFs and ETPs listed in the United States in the first seven months of 2015, surpassing the prior record of US$115.9 billion gathered in the same period in 2013.
At the end of July 2015, the US ETF/ETP industry had 1,764 ETFs/ETPs, assets of US$2.14 trillion, from 84 providers listed on 3 exchanges, according to ETFGI’s preliminary ETF and ETP global insights report for July 2015. “The S&P 500 index ended up 2% for the month of July and finished the first seven months of 2015 up 3%. Although investors faced uncertainty in China and Greece during July they continued to invest significant net new assets in equity ETFs”, according to Deborah Fuhr, managing partner of ETFGI. ..............................................Full Article: Source
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