Following a record $98 billion of inflows in March, a record $250 billion flowed into exchange-traded funds in the first quarter — 33% more than the prior record set in the fourth quarter of 2020.
Equity ETFs fueled the flows, State Street Global Advisors said in a release. The sector posted its own records, with inflows of $207 billion in the first quarter, 51% more than the prior record set in the fourth quarter.
Despite the negative returns posted by 65% of fixed-income ETFs during the first quarter, bond ETFs added $13 billion in March and $44 billion in the quarter, SSGA said.
Relationships are key to our business but advisors are often slow to engage in specific activities designed to foster them.
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Pro-bitcoin professionals, however, say the cryptocurrency has ushered in change.
“LPL has evolved significantly over the last decade and still wants to scale up,” says one industry executive.
Survey findings from the Nationwide Retirement Institute offers pearls of planning wisdom from 60- to 65-year-olds, as well as insights into concerns.
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This season’s market volatility: Positioning for rate relief, income growth and the AI rebound
