Exchange Traded Funds had a spring in their step in June, gathering assets worldwide and trading more frequently in the month, according to a recent Morgan Stanley report.

In June, assets under management increased 3%, or US$5.7 billion throughout the world from May. Assets of ETFs listed in the U.S. increased by 2%, or US$2 billion, while those in Europe jumped 6% or the equivalent of US$880 million. In Japan, assets jumped by 12% or US$2.38 billion.

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