Fixed income flows continue to outweigh equity across active and passive funds

ESG ETFs continue to grow

Fixed income flows outperformed equity in both open-ended funds and ETFs once again, gathering €10bn more over August, according to the latest Money Monitor from Lyxor ETF.

Open-ended funds recorded five times the flows of ETFs in fixed income, drawing €20.8bn compared to €4.4bn, for a total net new assets of €25.2bn across the asset class. ESG ETFs receives record inflows while equities continue to lag fixed income Global fixed income comprised the largest sector, with €10.5bn flowing into the space across August, followed by emerging markets, with €4.5bn, and euro fixed income, with €4bn, while USD debt lagged, with only €1.7bn. The worst performing sector, both in fixed income and across the entire European fund market, was money market fixed incom...