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06 February 2012 at 11:50 IST
Assets under US listed ETFs reach record $1.15 trillion in Jan
NEW YORK (Commodity Online): Assets in US listed Exchange Traded Funds (ETFs) and Exchange Traded Notes (ETN) has reached a new monthly record level, totaling approximately $1.15 trillion at January 2012 month end, increase of 13% on Year-on-Year basis, when assets totaled $1.02 trn, according to ETF Industry Association.
ETFs/ETNs net cash inflows reached approximately $28.9 billion for the month of January, 2012, the largest single monthly cash inflows posted in over 2 years.
At January 2012 month-end, there were 1,392 U.S. listed products.
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