New ETF Offerings Dried Up During a Volatile March
- Only four ETFs debuted in March amid turbulent markets
- That’s down from February, when 29 funds started trading
This article is for subscribers only.
The dramatic volatility in global markets made issuers in the almost $4 trillion exchange-traded fund industry slam the brakes this month.
As the coronavirus pandemic roiled the world, only four new ETFs started trading in March -- the slowest pace since August, according to data compiled by Bloomberg. That’s a steep drop from the 29 funds that were launched in February, the best month since November 2017.