September saw a decline in ETF assets across the globe.
That's according to figures from Strategic Insight, which found that all major regions but Canada saw assets fall slightly. Net new flows into ETFs globally totaled $7.8 billion, which is 70 percent lower than they were in August.
Equity ETFs accounted for $12 billion in inflows ($16 billion altogether, but offset by outflows in both Europe and Asia), while both bond and "other" ETFs were hit with net redemptions—$0.5 billion for the former and $3.5 billion for the latter.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.