Over the course of April, the European ETF industry enjoyed positive net inflows of €8.7bn, buoyed near entirely by the €8.1bn, or 93%, contribution of bond funds, according to the latest report from Refinitiv.
Equity, money market and alternative UCITS ETFs all added to the positive contribution, while commodities ETFs were the greatest detractor, with net outflows of €0.7bn, which brings the total year-to-date figure for the European ETF market to net outflows of €1.4bn. Bond markets' 'addiction' to low rates will 'not be left unsatisfied' for a year or more Despite fixed income's top ranking this month, equity funds remain the largest section of the market, with 65% share versus bond's 30%, also dominating the Lipper classifications by assets under management (AUM). Equity US stands as...
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