FYI: US-listed ETFs recorded inflows of $45bn for the month of November, according to a report by Deutsche Bank. This brings the total YTD flow for the US to $261bn. November’s high was the second largest of the year so far, signalling strong investor appetite for year-end positioning, Deutsche said.
In tandem to the large ETF inflows, November’s secondary trading slipped from the previous month’s performance. Last month’s turnover was $2.2tn, down from $3tn in October.
Regards,
Ted
http://www.etfstream.com/news/5546_novembers-performance-gold-backed-etfs-strive-amid-commodity-slip
