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US ETF and ETN assets up 44 per cent since October 2008

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Assets in US listed exchange-traded funds and exchange-traded notes totalled approximately USD707.4bn at October 2009 month-end, an increase of approximately 44 per cent over October 2008 month-end, according to National Stock Exchange.

October 2009 net cash inflows from all ETFs/ETNs totalled approximately USD8.8bn, bringing the year-to-date total net inflow to over USD72bn.

At the end of October 2009, the number of listed products totalled 880, of which 401 have attracted over USD100m in assets.

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