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Laxman Pai, Opalesque Asia: Exchange-traded products (ETPs) listed globally, including exchange-traded funds (ETFs), gathered more than $1 trillion in net inflows this year through October, helping to propel assets to a record of just under $10 trillion.
According to the ETFGI report, ETFs and ETPs listed globally gathered net inflows of US$116.21 billion during October, bringing year-to-date net inflows to US$1.04 trillion which is higher than the US$538.26 billion gathered at this point last year and significantly higher than the record US$762.77 billion gathered in all of 2020.
Assets invested in the global ETFs/ETPs industry have increased by 5% from US$9.50 trillion at the end of September 2021, to US$9.98 trillion at the end of October, the report said.
The Global ETF/ETP industry had 9,541 products, with 19,201 listings, assets of $9.976 trillion, from 583 providers listed on 79 exchanges in 62 countries at the end of October 2021.
Equity ETFs/ETPs gathered $83.7 billion in net inflows in October, bringing net inflows for 2021 so far to a record $716.5 billion. That was up nearly 270% from the $193.8 billion of net inflows equity products saw during the first 10 months of last year.
Commodity ETFs/ETPs listed globally suffered net outflows of $1.31 billion, bringing net outflows for 2021 to $10.86 billion, significantly lower than the $71.48 billion in net inflows commodity products had attracted YTD in 2020. Active ETFs/ETPs reported $10.36 billion i...................... To view our full article Click here
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