Exchange-traded fund assets around the world surged by 6.7% in the first quarter to $1.399 trillion, with investors pouring a net $41.4 billion into ETFs in the first quarter—more than double their investments in the first quarter of 2010, BlackRock reported.
“Net inflows in the first quarter indicate that the exchange-traded fund/exchange-traded product industry is off to a much faster start this year, since the quarter is historically slow in terms of net new assets,” said Deborah Fuhr, global head of ETF research and implementation strategy at BlackRock.
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