Assets In ETFs Reach Record High

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    Assets invested in ETFs/ETPs listed globally reached a new record high of US$3.689 trillion at the end of January 2017, surpassing the prior record of US$3.546 trillion set at the end of December 2016, says ETFGI, an independent research and consultancy firm on trends in the global ETF/ETP ecosystem. ETFs/ETPs gathered a record level of US$62.13 billion in net inflows in January, marking the 36th consecutive month or three years of net inflows. Record levels of assets under management were reached at the end of January for ETFs/ETPs listed globally at US$3.689 trillion, in the United States at US$2.641 trillion, in Europe at US$598.76 billion, in Asia Pacific ex Japan at US$132.87 billion, and in Canada at US$88.84 billion.