For more stories like this, sign up for the PLANADVISERdash daily newsletter.
The Markets August 12, 2010
ETF Flows Totaled $7.5B in July
July saw investors put $7.5 billion into U.S. Exchange-Traded Funds (ETFs), according to Strategic Insight (SI), an Asset International company.
Reported by PLANSPONSOR staff
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.
You Might Also Like:
Investor Satisfaction With Online Brokerages Flatlines
J.D. Power finds self-directed investors’ satisfaction is almost flat year-over-year despite robust markets; Fidelity, TD Ameritrade and Vanguard top satisfaction...
IRA Assets Climb to $13T, With Rollovers Fueling Growth
The ICI’s annual IRA report shows financial professionals continue to be the primary source for rollover advice, staying well ahead...
Product & Service Launches – 2/15/24
CAPTRUST joins list of advisories partnering with Pontera on 401(k) management tool; F&G Annuities & Life launches RILA; and iCapital...