Flows were driven mostly by demand for U.S. equity ETFs, which took in $7.8 billion for the month. Taxable bond ETFs had net inflows of $2.8 billion.
According to SI, an Asset International company,. the leading objectives in the way of net inflows in January were Growth & Income Equity ETFs, Growth Equity ETFs, International Single Country ETFs, High Yield Bond ETFs, and Global Equity Sector ETFs.
The PowerShares QQQ ($2.6 billion) topped the flows chart in January, followed by SPDR S&P 500 ($1.5 billion). Vanguard Emerging markets Stock Index ($1.3 billion); iShares MSCI Brazil Index ($1.2 billion); and SPDR DJIA ETF ($1.1 billion) rounded out the top five.At the end of January, U.S. ETF assets stood at a record $1.02 trillion.
« U.S. Equity Funds See Renewed Demand in January