On a global basis, exchange-traded products added a whopping $347 billion in new assets last year. Said another way, the amount of money that flowed into ETFs last year exceeds the current market value of Exxon Mobil Corporation (NYSE: XOM), the largest U.S. oil company.
While it is still early in 2016, making forecasts about this year's ETF flows are hard to predict, data indicate institutional investors will continue ratcheting up their use of ETFs.
ETF Usage Plans On The Rise For Institutions
U.S. institutions plan to increase their use of ETFs in 2016 according to a new report, "Institutional Investment in ETFs: Versatility Fuels Growth" from Greenwich Associates.
The study, which is in its fifth year, was commissioned by BlackRock, Inc. (NYSE: BLK), the world's largest asset manager, and parent company of iShares, the world's largest ETF sponsor. New York-based BlackRock garnered $130 billion of the $347 billion that ...
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