ETF TV
The past week has seen 18 new exchange traded funds (ETFs) issued globally, with several on Korea Exchange (KRX), and two from Korean issuer, Global X Funds, launched on the London Stock Exchange (LSE). The SPAC & New Issue ETF issued on NYSE Arca represents an evolution of investment in special purpose acquisition vehicles (SPACs).
With total ETF assets under management being close to $8 trillion by the end of the year – barring anything unforeseen happening – and flows close to $700 billion which is a record, 2020 has been a year of many breakthroughs, both positive and negative.