BlackRock's iShares posts record yearly inflows for 2017

Predicts global ETF industry will more than double by 2022

Tom Eckett
clock • 1 min read

BlackRock witnessed record flows into its iShares business in 2017 following investor interest from an array of markets in both its core fund range and more targeted innovative products.

iShares' inflows for the year totalled $246bn, up from $140bn in 2016, in a year that saw the global ETF industry pass $4.5trn assets under management (AUM) for the first time. The firm's European ETFs range, which was bought by Asian, European and Latin American investors, saw record inflows of $41bn bringing its total AUM to $359bn, crossing $300bn for the first time. Adoption of ETFs in both the US and Europe has accelerated the spread of fee-based wealth management, the firm said, while active managers had started to use ETFs more and more to construct their portfolios. Moody's...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on ETFs

Amundi launches Europe's cheapest All Country World ETF

Amundi launches Europe's cheapest All Country World ETF

TER of 0.07%

clock 18 March 2024 • 1 min read
DWS adds non-US MSCI World ETF to Xtrackers range

DWS adds non-US MSCI World ETF to Xtrackers range

‘Balanced diversification’

clock 18 March 2024 • 1 min read
Value of London-listed ETFs surpasses £1trn for the first time

Value of London-listed ETFs surpasses £1trn for the first time

£1.04trn total

Eve Maddock-Jones
clock 14 March 2024 • 2 min read
Trustpilot