ETF Industry Assets Grow in Q1 2016, New Flows Suffer Declines
Posted: Wed Apr 27, 2016 10:51 am
Broadridge Financial Solutions, Inc. (NYSE:BR), a provider of investor communications and technology solutions, has released data for exchange-traded funds (ETF) in Q1 2016 having secured a healthy uptick in assets, according to a Broadridge statement.
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More specifically, during Q1 2016, ETF assets climbed by 2.4% QoQ to $2.3 trillion, which was fueled in part by retail channels, as calculated by its Fund Distribution Intelligence. However, this performance was mitigated by an overall net decline of new assets (-0.68%), which ... (read more)