U.S ETFs see record money inflow this year – Reuters
(Reuters) – Investment into U.S. exchange traded funds (ETFs) has risen to record levels this year, driven by a rally in equities and investor preference for passive index-tracking funds over actively managed peers.
According to Refinitiv data, U.S. ETFs attracted a record inflow of $324 billion in the first four months of this year, which was 180% higher than the same period of last year. At the same time, U.S. mutual funds received an inflow of $318 billion, which was a 58% drop.
Graphic – Monthly…
