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Broadridge Financial Solutions, Inc. (NYSE:BR), a provider of investor communications and technology solutions, has reported data for exchange-traded funds (ETF) in the 2015 fiscal year, according to a Broadridge statement.
In particular, ETF assets climbed to an all time high of $2.2 trillion, which had already been experiencing an uptick in H2, driven in large part by retail channels, as calculated by its Fund Distribution Intelligence. Over this same time period however, long-term mutual fund assets from third party distributors declined by $161 billion in 2015 to $7.29 trillion in the full year.
[i][b]Avid industry ... ([url=http://www.financemagnates.com/institutional-forex/execution/industry-wide-etf-assets-tick-notably-higher-in-2015/]read more)