The Traderszone Network

Published in TZ Latest News 3 January, 2016 by The TZ Newswire Staff

Global ETF industry grabs record cash in 2015: BlackRock

BlackRock said its own haul of $130 billion in new money also set a record in global flows for its iShares ETF business, surpassing the previous annual record set in 2014, when investors added $103 billion in new money to the funds. ETFs, generally a basket of stocks, bonds or other assets, grew at a record rate despite markets struggling in 2015 to deliver the broad gains they have posted since rebounding from the financial crisis in 2009.

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