Global ETPs attract over $1trn in first ten months of year

Total assets close to $10trn, ETFGI data shows

Global ETFs and ETPs have gathered over $1trn in net flows during the first ten months of the year, according to the latest data from ETFGI.

Following strong flows in October to the tune of $116.2bn, assets invested in the industry stood at $9.9trn as of the end of the month. These record flows year-to-date are nearly double the $538.3bn gathered over the same period last year, ETFGI highlighted. They were largely led by an influx of net new assets in the top 20 ETFs which collectively brought in $49.4bn in October. The iShares Core S&P 500 ETF (IVV US) gathered $9.5bn, the largest individual net inflow. Inflation-linked ETPs see record inflows in October Equity ETFs/ETPs listed globally gathered net inflows of $83.7...