Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

U.S. ETFs Are Adding Assets At Breakneck Speed

Benzinga.com
0 Comments| August 10, 2015

{{labelSign}}  Favorites
{{errorMessage}}

China and Greece, among other factors, challenged investors desire to be long equities in July, but problems in international markets and lingering fears that U.S. interest rates are set to rise did not keep cash from piling into exchange traded funds.

In fact, the asset-gathering pace being set by U.S.-listed ETFs through the first seven months of 2015 is well ahead of prior years. U.S.-listed exchange traded products (ETPs), including ETFs and exchange traded notes (ETNs), are adding net new assets (NNA) at clip that is 8 percent ahead of previous years, according to ETFGI, a London-based ETF research firm.

Through the first seven months of 2015, ETPs trading in the U.S. have added $125.1 billion in new assets, topping the seven-month record of $115.9 billion set in 2013, notes ETFGI.

With the U.S. dollar soaring, investors have strongly favored international ETFs over domestic equity funds this year. Year-to-date, eight of the top 10 asset-gathering ETFs are international ...

/www.benzinga.com/news/15/08/5752088/u-s-etfs-are-adding-assets-at-breakneck-speed alt=U.S. ETFs Are Adding Assets At Breakneck Speed>Full story available on Benzinga.com

Click to enlargeMore...


{{labelSign}}  Favorites
{{errorMessage}}

Comments

No comments yet. Be first to comment!

Leave a Comment

You must be logged in to be able to post a comment.

Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today

Featured Company