Aggregate All Maturities bonds indices experienced another tough market session yesterday.
Equity ETFs are on track to pull in $300 billion in 2017, after solid flows in November – but the flows have also fuelled continued regulator interest in the industry.
Bond ETFs have been attracting strong inflows over recent weeks, despite high expectations of another rate hike by the US Federal Reserve at this month’s meeting. The growth in smart-beta fixed income offering and a better understanding of the products is drawing investors to passive bond exposure.
ETFs continued to enjoy strong inflows in March, adding to the record sales figures of the previous two months to make Q1 2017 the best quarter on record in terms of inflows. Developed market equities took in the bulk of the money.