Assets invested in global exchange traded funds have hit a record of $10.32tn off the back of rallying stock markets and resilient inflows.
The figure exceeds the $10.26tn mark set at the end of 2021 when markets peaked before Russia’s invasion of Ukraine and a global surge in inflation, according to data from ETFGI, a consultancy.
“Investor acceptance and preference for ETFs is strong and continuing, and the market move has pushed the ETF industry to record highs,” said Deborah Fuhr, managing partner of ETFGI.
Although aided by this year’s market rebound, Fuhr said the milestone was “testament” to the success of the ETF structure.
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