13.04.2016 - Global ETF Assets Top $3 Trillion
Assets in global exchange-traded funds topped $3 trillion at the end of the first quarter for the second time after first doing so in May 2015. According to London-based ETFGI, the global ETF industry, which also includes exchange-traded notes, counted 6,240 ETFs/ETNs with assets of $3.07 trillion, from 277 providers listed on 64 exchanges in 51 countries. “We've seen strong growth across the board globally, but for different reasons. In the U.S., we see flows coming from all three core markets: institutional, advisory and retail,” said Dave Nadig, director of exchange-traded funds at FactSet Research Systems...............................................Full Article: Source
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