ETF Trends5 months ago
Last month marked the official start of summer, and while the majority are flocking towards activities to take advantage of the warmer weather, they're also moving into markets that are heating up, such as fixed-income ETFs. According to data from State Street, a substantial number of investors flocked to bond ETFs--while equity and commodity ETFs posted net outflows $5.8BN and $2.1BN respectively in June, fixed income ETFs attracted $7.4BN of inflows during the month. This officially marks the 35th consecutive month of inflows for bond ETFs. With the exodus of investors from safer haven investments, such as government debt and into higher-return yields like corporate bond ETFs, investment management companies like Invesco are quick to offer ETF products that appease the appetite for investment-grade, high-quality debt.