A historic surge of money has swept into exchange-traded funds, spurring asset managers to launch new buying and selling methods that could possibly be undone by a market downturn.
This 12 months’s inflows into ETFs world-wide crossed the $1 trillion mark for the primary time on the finish of November, surpassing final 12 months’s complete of $735.7 billion, based on Morningstar Inc. knowledge. That wave of cash, together with rising markets, pushed international ETF property to just about $9.5 trillion, greater than double the place the trade stood on the finish of 2018.