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ETF inflows surge past record as US investors bet on global recovery

Investors worldwide funnelled $222.5 billion in new cash to ETFs in January and February 2021, more than double the same period last year

©The Financial Times Limited 2020 Mar 11, 2021 / 12:37 PM IST
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ETF inflows surge past record as US investors bet on global recovery

Chris Flood The exchange traded fund industry has made its fastest ever start to a year with a new record of $139.5bn in monthly inflows in February as investors, betting on a strong economic rebound in 2021, used ETFs to pour cash into equities. Not only did the S&P 500, the main US stock market benchmark, hit a fresh all-time high last month, but investors have also taken encouragement from the massive support measures provided by the US Federal Reserve and...

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