ETFs Set Q1 Record With $70.1B of Inflows
April 02, 2013 at 11:57 AM EDT
Fueled by soaring U.S. stocks, global exchange traded products raked in $70.1 billion in new assets during the first quarter. That surpassed the previous of $65.5 billion set last year, according to data from BlackRock's (NYSE: BLK ) iShares unit, the world's largest ETF sponsor. With U.S. equities racing toward record