Global exchange traded fund (ETF) and product (ETP) assets have reached $7trn (£5.4bn), after investors ploughed almost half a billion dollars into passive instruments during 2020, according to reports.
As markets rebounded after the Covid-19 crash in March, investors began to venture back into the market, favouring tracker funds like ETFs. By the end of August, assets residing in ETFs and ETPs had reached $7trn, data from London-based consultancy ETFGI, cited by the Financial Times, showed. Investors poured $428bn into the vehicles in the year to date alone, 57% higher than the corresponding figure for the same period in 2019. SJP and Columbia Threadneedle property funds emerge from suspension but others 'could take months' The data was released before US markets temporarily went...
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