All asset classes saw positive ETF flows during the week ending 4 August, according to data from TrackInsight, with investment grade bond and global equity vehicles topping the tables.
In the fixed income space, investment grade and government bond ETFs saw their seventh straight consecutive inflows, taking in €2.9bn and €732m during the week, respectively. Julien Scatena, platform specialist at TrackInsight, said: "The investment grade bond ETFs segment has seen massive inflows of €61bn year-to-date, with €8.5bn during the last month. The main part of these inflows have been recorded in US investment grade bonds ETFs at €52bn. "This movement has been accentuated by the Federal Reserve's decision to reduce its balance sheet and gradually hike fund rates. Industry...
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