Fixed income exchange-traded products attracted a record $9.1 billion (€6.9 billion) in net new assets, according to BlackRock’s January Exchange Traded Product Landscape report.
“Within fixed income, investors sought yield and favored investment grade bond and high yield exchange-traded products, gathering $7 billion of net inflows of the total $9.1 billion,” BlackRock says.
With $34.1 billion in net new assets, the industry as a whole saw the best January ever, ending with a total of $1.651 trillion in assets under management.
Flows into exchange-traded products were up 116% when compared to December 2011 or 144% when compared with January 2011.
©2012 funds europe
