14.04.2016 - US listed ETFs/ETPs assets set a new record at end of Q1 at $2.17trn says ETFGI
Assets invested in ETFs/ETPs listed in the United States reached a new record of $2.17trn at the end of Q1 surpassing the prior record of $2.15trn set at the end of May 2015 says ETFGI. Some 94 providers listed 1,863 ETFs/ETPs on three US exchanges at the end of Q1, according to preliminary data from ETFGI’s March 2016 global ETF and ETP industry insights report. “U.S. equities rebounded in March ending the month up 7%. Emerging markets and Developed ex US markets also had a strong March ending up 12.5% and 7.2% respectively. Based on comments from the Fed there is a growing belief that interest rates will be held lower for longer than previously anticipated...............................................Full Article: Source
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