Australian ETF industry surpasses the $20 bn

As global share markets rallied, the Australian ETF industry ended the month at a new record high of $20.4 billion, growing approximately 7%, or $1.3 billion, during the month of October, the second largest increase on record. Net inflows were once again positive during the month, with $247 million of new money entering the industry, indicating that 75% of the growth this month was due to positive market movements. To read more visit: (VIEW LINK)