Money moved to the perceived safety of the fixed-income market, and BlackRock's early data showed bond ETFs taking in a record $115 billion in 2016.
New York-based BlackRock, with $1.3 trillion in global ETF assets, is the largest provider of such funds, as well as the world's largest money manager overall. It said its iShares ETF brand attracted $140 billion during the year.
This article was provided by Reuters.