Assets held in exchange traded funds jump to record $6trn globally

Total assets in exchange traded funds jumped to a record $6trn globally by the end of October, doubling in size in less than four years, driven by a bull market in the US, according to the latest figures. Global ETF asset growth as of October 31 surpassed the $2.89bn levels of 2015, according to London-based independent research and consultancy firm ETFGI. The sector's rapid growth has attracted heightened scrutiny by regulators who are concerned about the influence of ETFs as they spread deeper and wider into financial markets worldwide.  "Regulators are concerned if regulations a...