(Reuters 11-7-11) Total assets in U.S. ETF's fell by $15.4 billion or 1.4 percent while fixed income ETFs attracted $3.3 billion in the same month and $16.3 billion during the first half of 2011, the report showed.
May had the first month of outflows since August 2010.
ETF flows topped $8 billion in June, with the Large Cap category experiencing the most inflows, drawing $3.8 billion, and small growth category seeing $1.3 billion in outflows.
After falling 6.9 percent in May, commodities gave back another 5.3 percent in June. International developed and emerging markets declined 1.2 percent and 1.5 percent, respectively.
Domestic large cap, mid cap and small cap markets all slipped around 2 percent, while the U.S. Aggregate, the U.S. Treasury, and the U.S. corporate bond markets each fell roughly 0.5 percent, State Street said.
Tapestry and Capri End Plans for ‘Accessible Luxury’ Merger
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Tapestry, the owner of Coach, said it would abandon its $8.5 billion deal
to buy Capri, the parent company of Michael Kors, after the Federal Trade
Commiss...
44 minuti fa
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