Invesco's Syms: 'Room for growth' in 'lagging' fixed income ETF space

Manager praises 'rapid' ESG AUM growth

Fixed income ESG ETF assets under management have grown "very rapidly" but the asset class remains a "very low proportion of the overall fixed income universe", according to Invesco's head of EMEA ETF fixed income product management Paul Syms, who believes the area is "lagging the equity space by a couple of years".

"We are at the bottom of the exponential curve and I think there is going to be increasing interest in this area overall," Syms said.  "It is still a very small area within the EMEA fixed income ETF space, so I think there is plenty of room for further growth." Invesco launches first sterling corporate bond ESG ETF Syms cited a "combination of factors" that has led to the growth of fixed income ESG ETFs, including encouragement from regulators, increased engagement and knowledge from investors, and greater choice in the market. "A lot of fixed income investors were maybe a bit r...