BlackRock: Global ETPs gathered $113.9bn in the second quarter fueled by Fixed Income …
Global ETPs collected $113.9bn in the second quarter bringing year-to-date flows to $218.6bn.
Quarterly flows were driven by Fixed Income with $59.5bn, U.S. Equity with $29.5bn, Japan Equity with $12.2bn and Europe Equity with ($5.8bn)
Fixed Income continued to see strong inflows with $59.5bn in Q2 holding the position for the strongest quarter on record, amid a benign interest rate backdrop, conservative corporate behavior and favorable supply demand dynamics
U.S. Equity gathered $29.5bn fueled by Large Cap with $11.0bn and Broad Exposure funds with $8.5bn. These inflows continued amid growing economy and solid corporate earnings
Japan Equity funds added $12.2bn. Solid corporate earnings, along with purchases by the Bank of Japan, have contributed to better performance for Japanese equities
Europe Equity shed ($5.8bn) driven by Broad EMU and Eurozone funds. These outflows continued against the backdrop of weak economic momentum, political risks and relatively muted earnings growth