Net global sales of exchange-traded funds globally hit $319 billion in the first 11 months of 2015, a 15% increase on the previous record of $277 billion in the same period of 2014, according to data provider ETFGI.

ETFs have registered net inflows for the 22nd consecutive month, with net gains of $30 billion in November alone. Deborah Fuhr, managing partner at ETFGI, said ETFs had forged ahead in November, even though global stock markets were subdued. Assets under management in the sector now total $3 trillion.