All dollar values in this piece refer to the U.S. Dollar unless otherwise noted.
ETFGI, the leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, today reported assets invested in ETFs/ETPs listed globally reached a new record high of $3.546 trillion at the end of 2016 passing the prior record of $3.444 trillion set at the end of November 2016 (click here to view the ETFGI asset growth chart).
In December, ETFs/ETPs gathered a record level of net inflows $65.25 billion for December, marking the 35th consecutive month of net inflows. During 2016, ETFs/ETPs listed globally gathered a record amount of net inflows $389.34 Bn surpassing the prior record of $372.27 Bn gathered in 2015, according to preliminary data from ETFGI's Year-end 2016 global ETF and ETP industry insights report.
Record levels of assets under management were reached at the end of 2016 for ETFs/ETPs… Read More …