Industry-Wide ETF Secure YoY Growth in 2016, Broadridge Data Shows

[kreslik.news]

Broadridge Financial Solutions, Inc. (NYSE:BR), a provider of investor communications and technology solutions, has reported data for exchange-traded funds (ETF) in the 2016 fiscal year.

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In particular, ETF assets climbed to an all time high of $2.6 trillion, up 18.1% YoY from $2.2 billion in the 2015, or $405 billion over a YoY basis, as measured by Broadridge’s Fund Distribution Intelligence (FDI) tool. The growth was driven by an increase in third-party distribution channel sales from broker-dealers (B/D), registered investment advisors (RIAs), and banks.

Broadridge’s FDI utility ... (read more)