August 12, 2010
--- July saw investors put $7.5 billion into U.S. Exchange-Traded Funds (ETFs), according to Strategic Insight (SI), an Asset International company. ---
An SI news release estimated that U.S. ETF assets ended July at $831 billion, just off the April peak of $834 billion.
International equity and taxable bond ETFs accounted for the bulk of July’s net inflows.
“The diversity and resiliency of the ETF marketplace supports continued growth of these flexible instruments,” said Loren Fox, a senior research analyst at Strategic Insight, in the news release.
More information about SI is at www.sionline.com.
PLANSPONSOR staff