Deborah Fuhr, managing partner and co-founder of ETFGI, said the U.S. equity market performed strongly in February with the S&P 500 up 3.97% and the DJIA was up 5.17%.
“International equity markets continued to perform well in February with the S&P Developed Ex-U.S. BMI up 1.42% while the S&P Emerging BMI was up 3.46%,” Fuhr said. “There are significant upcoming political and economic events that investors will be watching in Europe in the next two months: the first round of the French election, a Dutch general election, the beginning of the U.K.’s ‘Brexit’ negotiations and, officials from the EU and the IMF are once again locked in negotiations over the Greek bailout.”
iShares gathered the largest ‘smart beta’ ETF/ETP net inflows in February with US$2.45 billion, followed by Vanguard with US$2.25 billion and Charles Schwab Investment Management with US$788 million net inflows.
Products tracking S&P Dow Jones ‘smart beta’ indices gathered the largest net ETF/ETP inflows in February with US$2.27 billion, followed by CRSP with US$1.97 Bn and NYSE with US$859 million net inflows.