Global ETPs pull in biggest monthly flows since September 2008

Inflows of $61.2bn in January

Global exchange-traded products (ETPs) recorded their highest monthly inflows since September 2008 in January, taking in some $61.2bn during the month fuelled by strong demand for US and Japanese equities.

Reflationary trends, characterised by rising wages and inflation, supported flows into global equities, most notably into US and Japanese equity ETPs, which saw inflows of $19.3bn and $10.7bn, respectively, according to BlackRock's Global ETP Landscape for January. Moody's: Active management will 'shrink substantially' as passives popularity grows In the US, President Donald Trump has promised to repeal the Dodd Frank act which tightened regulation in the financial industry, cut corporation tax to 15% and repatriate offshore money back to the US, potentially giving domestic companies ...