In the BlackRock ETP Landscape series of reports, the Industry Highlights provides commentary on the global Exchange Traded Products (ETPs) industry as of August 2014.
- Global ETPs are on track for a record year following flows of $23.3bn in August, the highest August ever for a month that is often impacted by a summer slowdown
- Investors increased allocations to EM and Asia equity in search of relative value, but also bid up safe haven fixed income assets amid geopolitical uncertainty
- EM equity had a fifth straight month of inflows with $4.7bn focused in broad EM and China funds, while developed Asia added another $3.4bn led by Japan
- Fixed income flows of $11.5bn included a high yield rebound but the bulk of new assets went to safer long-duration Treasury and investment grade corporate funds
Sources: BlackRock, Bloomberg.
