US ETPs recover in October

They ended the month at $1.08trn having slipped below the trillion dollar mark in September. Net cash inflows for the month totalled $23.9bn, taking the year-to-date inflows to $101.6bn. This compares with monthly inflows of just $4.6bn in September. Notional trading volumes for the month totalled $2trn, representing more than 34% of all US equity trading volume. At the end of the month, assets had experienced a 15% increase compared to October 2010. BlackRock topped the asset charts at the end of the month, with AUM of more than $456.6bn, followed by State Street Global Advisor...