“Globally, inflows for the month came in at $8,9 billion, driven primarily by US equities. In fact, with the uncertainties about international growth, investors have turned towards the USA”. This is what we read in the analysis published by Blackrock on the performance of the ETP market in September.
“In general – continues the study –, among the segments that recorded significant flows, the US large caps stand out with 12,6 billion dollars, developed market equities with expanded exposures (global and ex-US global) with 3,1, $2,6 billion and aggregate US bond funds with $XNUMX billion.
Overall, according to Blackrock analysts, emerging market equity flows have slowed, “however there has been a sign of a reallocation into this asset class, as combined net flows for emerging market equity ETPs listed in Europe and the United States were positive for 2 billion dollars”.
As for fixed income, “it saw outflows of $2,6 billion, led by US treasuries as the Fed Reserve neared the end of its buyback plan and continued debate over the timing of interest rate hikes . This trend reversed at the end of the month, as US-listed fixed-income ETFs raised $7,3 billion between Sept. 26 and Oct. 3. On the European side, bond ETFs raised $200 million in the same period.
