Three issuers - iShares, Vanguard and State Street SPDR - captured over half of year-to-date (YTD) inflows, while the top 20 funds gathered US$117 billion.
Assets in the US exchange-traded fund (ETF) industry reached a record US$15.78 trillion at the end of June, surpassing the previous high set in May, according to ETFGI, an independent research and consultancy firm providing insights on global ETF trends. iShares, Vanguard and State Street SPDR collectively managed $11.12 trillion The industry gathered US$197.63 billion in net inflow during June, lifting YTD inflows to US$1.03 trillion - the highest level ever recorded. The report high