Exchange-traded products gathered net new assets of $67.3bn during the first quarter of 2012, making it the best start to the year ever for the industry.
BlackRock's latest ETP Landscape report showed net inflows increased by 50% on the previous quarter when net new assets stood at $44.8bn. The figure for Q1 is also 57% higher than the $42.8bn of inflows recorded during the same period in 2011. Investor interest in fixed income ETPs also hit new highs during the first three months of the year. The sector attracted inflows of $19.5bn, eclipsing the previous quarterly record of $14.7bn set in Q4 2011. Fixed income accounted for 29% of all inflows into ETPs globally. Investment grade and high yield corporate bonds were the top picks, whic...
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