Global Etf Inflows Surpass 1 Trillion In 2021 For The First Time
According to data provided by Morningstar and obtained by the Wall Street Journal, the inflows surpassed last year’s total of $735.7 billion. The new capital entering the space pushed the ETF assets under management to about $9.5 trillion. The inflow was mainly concentrated on low-cost U.S. ETFs tracking indexes managed by Vanguard Group, BlackRock, and State Street Corp. Notably, the firms account for over three-quarters of U.S. ETF assets. Overall, ETFs have been an attractive vehicle for investors in 2021 over several benefits that come with the investment vehicle....