Exchange traded funds and products hit $3.59trn AUM in US

Jonathan Boyd
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Exchange traded funds and products hit $3.59trn AUM in US

The value of assets invested in ETFs and ETPs listed in the US have hit $3.59trn as of the end of November, according to consultancy ETFGI. That represents an increase of 2.6% from the end of October, it added, taking year to date assets up 4.9% as compared to the end of 2017. One reason for the monthly gain cited is the market bounce off expectations of a truce in the US-China trade war, and that apart from the eurozone, most developed markets ended the month with marginal gains. At the...

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Jonathan Boyd
Author spotlight

Jonathan Boyd

Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope.