Global stocks sank again and govies rallied this week as investor sentiment soured over rising fears about world growth.
Les actions ont de nouveau plongé cette semaine tandis que les emprunts d’Etat s’envolaient.
The first half of the year has seen a turnaround in the fortunes of many global assets, as fears of a global trade war and concerns over the political future of the Eurozone dominated the news pages and affected sentiment for European assets.
Bond ETFs attract record inflows as investors spooked by equity uncertainty.
Investors have piled out of high-yield bond ETFs after a slight downturn in performance and analysts’ warnings of a rally in this asset class that was bordering on “euphoria”.
Bond ETFs are off to a great start in 2017, and remain a crucial part of any portfolio. Investors are not scared off by interest rate hikes, even with several more planned for the rest of the year.