Your Daily Brief For June 20th

Your Daily Brief For June 20th

6 months ago1 min

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Today's Insight

Your Brief Summary

In today’s Daily Brief, we'll be looking at exchange-traded funds (ETFs), which hit record-high investment levels last week.

"According to new data by consultancy ETFGI, the amount of money globally invested in ETFs hit a new record high of $10.32 trillion last week – surpassing the previous mark of $10.26 trillion set at the end of 2021, when markets peaked before the outbreak of war in Ukraine and a worldwide surge in inflation."

Key takeaways:

  • The amount of money globally invested in ETFs hit a record high on the back of rallying stock markets and resilient inflows
  • Pharmaceutical giant AstraZeneca is considering separating its China business amid rising geopolitical tensions


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Disclaimer: These articles are provided for information purposes only. Occasionally, an opinion about whether to buy or sell a specific investment may be provided. The content is not intended to be a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy as it is not provided based on an assessment of your investing knowledge and experience, your financial situation or your investment objectives. The value of your investments, and the income derived from them, may go down as well as up. You may not get back all the money that you invest. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment advisor.

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