Global ETPs have recorded their strongest month for inflows in 2020 as $71.5bn was added to the market, with fixed income buoying the industry providing $46.7bn of the total, according to the latest global ETP flows report from iShares.
June also saw investment grade fixed income break a record for the highest inflow month since records began, with $21.6bn invested, beating the previous record set in April by $8.3bn and bringing total investment grade inflows for Q2 to $47.1bn, itself a new record. Global ETP flows remain positive despite $34.5bn fixed income outflows This constitutes a "remarkable" change from Q1's net outflows of $0.2bn, the report said, and is owed mostly to US focused investment grade ETPs after eurozone products dropped off after an initial pickup early in Q2. Equities also saw a strong June,...
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