Global ETP landscape strengthens

By Staff | August 6, 2013 | Last updated on August 6, 2013
1 min read

Investors are once again turning to exchange traded products (ETPs) to execute their investment views. In fact, global ETP flows rebounded to $44.1 billion in July, reports BlackRock.

And July was the strongest month since September 2012, when global flows reached $45.1 billion. Further, 2013 year-to-date flows of $143.3 billion are now back ahead of the record pace of $128.3 billion set in 2012.

Read: Global ETPs post best Q1 on record

Additional findings include:

  • Equity ETPs attracted the largest amount of flows in July with $39.3 billion;
  • U.S. equities rallied in July, capturing $31.6 billion following stronger than expected earnings and qualifying comments on QE3 from the Fed;
  • Pan European Developed Markets Equity exposures listed globally saw $2.8 billion of flows in July, the highest total since December 2012;
  • European-listed ETPs across all asset classes saw $3.9 billion of flows;
  • Fixed-income flows improved to $6.4 billion, following outflows of $8.4 billion in June;
  • Investors displayed some risk appetite, adding $2.6 billion to high yield — the largest amount since February 2012;
  • Money trickled back into emerging markets equities with $0.5 billion in July, following outflows of $4.3 billion in June;
  • Gold outflows reached $2.6 billion.

Read: 12 ETP trends in 2012

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.