Global asset flows for exchange-traded products surged in September to their highest monthly level in nearly four years, according to BlackRock.
Globally, ETP assets reached a new high of USD1.85trn.
For January through September this year, the ETP industry has attracted record-breaking net flows, surpassing the previous high for the January-September period set in 2008. Year to date, global ETP flows have already surpassed 2011’s full year total.
September’s flows were boosted by a “risk rally” in the wake of asset purchase announcements by the European Central Bank, the US Federal Reserve and the Bank of Japan.
