ETFs Hit Record Level

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    ETFs and ETPs listed globally gathered US$33.8 billion in net new assets in July, pushing the year-to-date net new assets to US$160.5 billion, says an ETFGI analysis. This is a new record level for this point in the year, outpacing the previous high of US$149.9 billion set in 2013. Assets declined slightly (0.4 per cent) from their record high of US$2.64 trillion in June to US$2.62 trillion at the end of July. The global ETF/ETP industry now has 5,410 ETFs/ETPs, with 10,477 listings, from 222 providers listed on 60 exchanges.