ETFs could see record inflows in December thanks to two key catalysts, market analyst says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

ETFs could see record inflows in December thanks to two key catalysts, market analyst says. Sponsored by InvescoUS.

"Those two factors combined can make for a record December of inflows into ETFs, particularly equity ETFs," he said.

That could make for a record year for the ETF market, which had its best year in 2017 with $476.1 billion in total inflows. Until this year, its second-best was 2019 at $326 billion. As for what's working, much of the market is undergoing a rotation based on hopes for an economic recovery, said Matthew Bartolini, head of SPDR Americas Research at State Street Global Advisors.

"Energy and banks are reacting very differently than, say, some of the value stocks you may find in consumer discretionary," Bartolini said in the same "ETF Edge" interview.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

InvescoUS Canaccord Genuity Report on OLL - $0.50 Fair Value, $0.74 Bullish Target. The current stock price for ASX: $OLL $0.365 and is going to go🚀⏳ OLL’s offering is scalable across multiple regions and is differentiated from its competitors that set them apart

InvescoUS Trump is organizing protest and riots in US. Election u completely lose? What is the protest about? You are rejected and so it remains.

South Africa South Africa Latest News, South Africa South Africa Headlines