Developed equities attracted the bulk of inflows into exchange traded funds (ETF) in the second quarter, according to the latest figures from iShares, as investors continue to shy away from emerging markets.
Markets including the US' S&P 500 and the MSCI Europe index were among the most popular, with the vast majority of assets flowing into those areas. According to the latest ETP flows data from BlackRock, developed equity ETPs saw inflows of $56.4bn in the second quarter, while emerging market equity products experienced outflows of $12.2bn. Stephen Cohen (pictured), iShares' head of investment strategy and insight EMEA, said US equity ETFs alone had seen over $100bn inflows this year and $30bn in the month of July. "US equities have been a big driver of flows into ETPs this year, wh...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes