ETF assets under management reached a new record of $10.3trn this week (15 June), data from ETF Global Insight found, as investors increasingly turn to the exchange-traded vehicles for a variety of uses.
According to the findings, ETFs have seen 48 consecutive months of global net inflows, gaining $75.1bn in May alone. Gary Buxton, head of ETF EMEA at Invesco, said although it had taken over 20 years for ETFs to reach this level of popularity, their use by wealth managers, financial advisers and the younger generation of private investors had "really started to gain momentum in the past several years". International regulatory association finalises ETF best practice guidelines "That being said, there is every indication that we are in the early stages of growth, with surveys highli...
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