The global exchange-traded fund industry attracted $856.16 billion of net inflows in 2022, its second-highest annual net inflow ever, according to ETFGI data released Thursday.
Last year’s net inflows were second only to 2021, when a record $1.29 trillion poured in, according to London-based ETFGI, an independent research and consultancy firm, whose global ETF industry flow figures include ETFs as well other exchange-traded products.
The industry’s 2022 net inflows came amid challenging financial markets. For example, the S&P 500 index’s price declined 19.4% in 2022 — its worst year since 2008.
“Institutional investors, financial advisors and retail investors globally are increasingly using ETFs,” Deborah Fuhr, managing partner, founder and owner of ETFGI, said in an email Thursday.
ETFs are cost efficient, the minimum investment size is small and they can be bought or sold during…
