Bond market sentiment improved markedly in July, as funds to the tune of $32.5bn flowed into fixed income exchange-traded vehicles over the month, with a notable uptick in the purchase of credit. According to BlackRock's latest monthly global ETP survey, fixed income accounted for the bulk of inflows over the month, recovering to $32.5bn after slipping to $3.2bn in June. Investors bought into investment grade ($9.9bn) and high yield credit ($3.9bn), with European-focused funds recording their highest inflow month since April 2020, with $2.2bn added. The majority of investment grade...
To continue reading this article...
Join International Investment
Signup and gain exclusive members-only insights
Join International Investment today
Unlock members-only benefits:
- Unlimited access to real-time news, industry insights, video features and market intelligence
- Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
- Receive breaking news stories straight to your inbox in the daily newsletters
- Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
- Members-only access to the Editor’s weekly news roundup newsletter
- Members-only access to analysis via our exclusive industry polls
- Be the first to hear about our events and awards programmes
