Global ETF inflows jumped 40% despite pandemic

Global ETF inflows jumped 40% despite pandemic

A recent Financial Times article pointed out that exchange-traded funds (ETFs) inflows all around the world jumped 40 per cent despite the economic effects of the Covid-19 pandemic. “Net flows into exchange traded funds have jumped 40 per cent so far this year with the growing shift into low-cost index tracking vehicles forcing the pace of consolidation across the asset management industry to accelerate markedly,” the FT article said. “Morgan Stanley agreed last week to stump up $7 billion to acquire Eaton Vance while Franklin Templeton paid $6.5 billion to…

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