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.
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