Flows into fixed income exchange-traded funds (ETF) dominated in June, according to data from TrackInsight, with developed bond ETFs attracting €30.7bn during the month.
The most popular asset segment in June - and since the beginning of the year - has been Developed Investment Grade Bonds, which took in €18.4bn during the month and €57.5bn since the start of 2019. The affinity for bonds has been mirrored by UK retail investors, who poured £711m into fixed income funds in May, according to figures from the Investment Association. Developed Government Bonds were the next favourite ETF segment, but June flows were just half of that seen by their investment grade counterpart at €9.2bn. In 2019 so far, this segment has attracted €19.9bn of aggregated flow...
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