Assets in worldwide exchange-traded funds increased by a record $231bn (â¬155.8bn) last year to $796.6bn, a 40.8% rise from last year's total, despite the credit crunch leading to volatile markets in the second half of the year.
At the end of the year, $730.3bn was held in equity ETFs, $59.9bn was held in fixed income ETFs, and $6.3bn was held in exchange-traded commodity funds, according to Morgan Stanley's latest report on the exchange-traded fund industry.
