Never miss a story — sign up for PLANADVISER newsletters to keep up on the latest retirement plan adviser news.
The Markets February 13, 2012
ETFs Have Best Month of Net Inflows Since September 2010
Strategic Insight, an Asset International
company, reports U.S. Exchange-Traded Funds (ETFs) enjoyed $28 billion in
net inflows in January.
Reported by Tara Cantore
It was the single best month of net inflows for ETFs (including ETNs) since they also drew $28 billion in September 2010. The most popular ETF categories in January were emerging markets equities ($4 billion in net inflows), high yield bond ($4 billion) and large cap growth ($3 billion). The top-drawing ETFs in January were the PowerShares QQQ ($3.3 billion in net inflows) and the Vanguard MSCI Emerging Markets Stock Index ETF ($2.6 billion).
At the end of January 2012, U.S. ETF assets stood at a record $1.15 trillion, up from $1.06 trillion at the end of December.