U.S. exchange-traded funds (ETFs) are on a roll so far in 2011, according to State Street Global Advisors, which released its 2011 mid-year ETF outlook report on Thursday.
The report revealed that ETF inflows are set to exceed $100 billion in 2011, a signal of strength in the ETF industry despite historically low interest rates, persistently high unemployment, and global economic uncertainty. U.S. ETFs raked in $56.3 billion in new inflows during the first six months of 2011, an increase of 50.9% over the first half of 2010 and on pace to surpass last year’s total of $111.5 billion. ETF investors poured money into fixed-income, developed international markets, and dividend strategies and moved away from emerging markets and small cap equities during this period.
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