Get more! Sign up for PLANSPONSOR newsletters.
Investing November 11, 2011
ETFs Could See $100B in Inflows in 2011
November 11, 2011 (PLANSPONSOR.com) - Strategic Insight (SI), an Asset International company, said U.S. Exchange-Traded Funds (ETFs) in October experienced $19 billion in net inflows.
Reported by Rebecca Moore
Leading the way in net inflows were diversified emerging markets ETFs ($4.6 billion in inflows) and high yield ETFs ($2 billion).
Through the first 10 months of 2011, ETFs (including ETNs) saw net inflows of $94 billion, a pace that could produce the fifth straight year of $100 billion or more in inflows to ETFs, SI said.
At the end of October 2011, US ETF assets stood at $1.08 trillion (rising from $970 billion at the end of September).You Might Also Like:
Armour to Step Down as Capital Group CEO, Gitlin to Take Job in October
Capital Group, which runs American Funds, made the announcement amid what the company called long-planned leadership changes.
Investment Service and Product Launches
RightCapital adds SECURE 2.0 update to financial adviser planning platform; NFP Starts Human Capital Solutions Practice; and more.
Products |
Investment Service and Product Launches
Ameriprise testing retirement income planning service; Vanguard adds short-term tax-exempt bond ETF; Franklin Templeton starts ClearBridge sustainable infrastructure ETF; and...