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September ETF Data: Back Below $1 Trillion

By: ETFdb
September was a brutal month for equity markets around the globe, as anxiety over Europe and intensifying concerns about the growth prospects for many emerging markets hammered asset prices. The freefall in stock markets hit the bottom line of the ETF industry as well; despite another month of strong inflows, industry assets fell below the $1 trillion mark for the first time in several months. According to recent data from the National Stock Exchange, ETP assets finished the third quarter at about $973 billion, a decline of about 9% over the previous month. That slide came despite aggregate inflows into exchange-traded products of about $4.6 billion.Year-to-date inflows into ETFs totaled almost $79 billion through the first nine months, slightly ahead of the 2010 pace. Not surprisingly, interest in bond ETFs surged in September; this asset class saw about $5.7 billion in inflows. While cash flowed out of domestic equity ETFs [...] Click here to read the original article on ETFdb.com. Related Posts: Low Cost ETFs: Complete List Of The Cheapest Exchange-Traded Funds March ETF Stats: Another Solid Quarter September ETF Data: Back On Track January ETF Data: Industry Springs A Leak May ETF Summary: Return to Old Form
September was a brutal month for equity markets around the globe, as anxiety over Europe and intensifying concerns about the growth prospects for many emerging markets hammered asset prices. The freefall in stock markets hit the bottom line of the ETF industry as well; despite another month of strong inflows, industry assets fell below the $1 trillion mark for the first time in several months. According to recent data from the National Stock Exchange, ETP assets finished the third quarter at about $973 billion, a decline of about 9% over the previous month. That slide came despite aggregate inflows into exchange-traded products of about $4.6 billion.Year-to-date inflows into ETFs totaled almost $79 billion through the first nine months, slightly ahead of the 2010 pace. Not surprisingly, interest in bond ETFs surged in September; this asset class saw about $5.7 billion in inflows. While cash flowed out of domestic equity ETFs [...]

Click here to read the original article on ETFdb.com.

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