29.04.2016 - ETF Industry Assets Grow in Q1 2016
ETF growth across the industry in Q1 was fueled by the retail space, climbing to $2.3 trillion overall. More specifically, during Q1 2016, ETF assets climbed by 2.4% QoQ to $2.3 trillion, which was fueled in part by retail channels, as calculated by its Fund Distribution Intelligence. However, this performance was mitigated by an overall net decline of new assets (-0.68%), which corresponded to a decrease of $15.0 billion. In terms of the retail space, ETFs in this realm also saw increases in assets, namely across fixed income, alternative and commodity products, though equity, convertibles and allocation product assets were all down QoQ...............................................Full Article: Source
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