Last year the ETF industry exploded in popularity. As investors rushed to make the most of the advantages offered by these products, for the year as a whole ETFs saw record growth and took in over $460 billion globally. That’s approximately $1.8 billion of new money every working day of the year. So far, the data show flows into ETFs in 2018 have slowed to some degree (in the US market at least). According to CNBC, through July $148 billion flowed into US-based ETFs, an increase in assets under management of 4% year-on-year. Last year, US ETFs attracted $240 billion…
Hedge Funds Love ETFs But Only To Bet Against The Market
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