Investors move into large caps

Movements in tracker products have reflected recent volatility, with investors banking China p...

Movements in tracker products have reflected recent volatility, with investors banking China profits and moving to more mainstream indices. Investors in BGI’s iShare range have been seeking large-cap refuge, with the DJ Euro STOXX 50 product gaining $507m over August. The iShares FTSE 100 saw the next greatest net inflow, receiving $176.7m during the month. Axel Lomholt, iShares head of ETF products, said transfers between different iShares ETF products have been indicative of investor behaviour during volatility. “Many investors looked to safer investments and ETF in and outflows r...