The size of the exchange-traded products industry, which includes ETFs, hit a new record of US$5.4 trillion in March, according to a report from London-based research firm ETFGI.
Globally, ETFs and ETPs saw net inflows of US$37.48 billion last month, bringing year-to-date inflows to US$99.14 billion. March was the 62nd consecutive month of inflows, ETFGI said in a statement. Assets rose 1.41%.
“Markets appear to have returned to the relative calm they had grown accustomed to over the past few years,” Deborah Fuhr, managing partner and founder of ETFGI, said in a statement.
At the end of March, ETFGI reports, the global ETP industry included 7,720 products from 412 providers listed on 72 exchanges in 58 countries.