Exchange traded funds were boosted by market turmoil in the first half of 2016
Exchange-traded funds' ease of use and
liquidity partly explain the record levels of ETF trading last
month linked to the UK Brexit vote, experts have claimed.
Data released on Tuesday by research firm
ETFGI showed assets invested in ETFs and exchange traded
products (ETPs) hit a record high of $3.2 trillion at the end
of June 2016.
The report shows $31.4bn of new assets
were gathered last month after a record May, making June the
29th consecutive month of net inflows for the
ETF market. The product's ease of use and flexibility have been
named as some of the reasons for the ETFs' growing
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