ETFs Draw Highest Investor Deposits in 16 Months, BlackRock Says
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Exchange-traded funds in January attracted the most money in 16 months, driven by record deposits to bond ETFs.
Investors poured $34.1 billion into ETFs worldwide, the most since September 2010, according to data compiled by New York-based BlackRock Inc., the industry’s largest provider. Fixed-income ETFs gathered $9.1 billion, compared with the previous high of $6.7 billion in January 2009.