FYI: After a record breaking year for ETF flows in 2017 ($462 Billion), 2018 was a relative slowdown. But at $314 Billion in inflows, 2018 was still the second largest amount of inflows ever into ETFs. And, as a further point of reference, the amount of flows into ETFs in 2018 was more than any year ever in the mutual fund industry outside of 2009 (when the mutual fund industry had a record $379 billion in inflows).(1)
There were four key developments for the ETF industry in 2018:(2)
SPY is dying
iShares provided the blueprint for a solution to SPY’s woes
Low-cost ETFs gathered the bulk of all ETF assets
Invesco acquired Oppenheimer Funds
Regards,
Ted
https://alphaarchitect.com/2019/02/27/four-important-etf-industry-developments/
