By Adam Cadle
Inflows into fixed income exchange traded products (ETPs) have reached a record high of $25.5bn between January and April, according to BlackRock’s latest ETP Landscape Industry Summary.
The report highlighted that the previous best was in 2009 where levels were recorded at $21.6bn. An increase in flows was also seen in emerging market equity products, with inflows recorded at $13.0bn compared to just $0.7bn last April.
On a global ETP basis, fixed income was the top asset-gathering category for the year, bringing in $25.5bn of total net new assets.
There were however reduced flows surrounding developed market equity, with inflows falling from $18.8bn in April against a total of $47.5bn at the same point last year.