Tuesday 30 December 2014

ETF Asset Growth Driven By Demand For Domestic Stocks

Otmane El Rhazi from Investor's Business Daily - ETFs RSS.



The 10th straight month of net inflow into exchange traded funds (ETFs) helped propel assets in the ETF industry to $1.995 trillion in November, according to the Investment Company Institute (ICI). The ETF industry last saw net outflow in January, to the tune of $15.15 billion. The ICI report confirms that ETFs were on the cusp of a milestone heading into December. On Dec. 22, assets in U.S.-listed ETFs reportedly crossed a record $2 trillion.

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