October was a strong month for bond ETFs once again, according to the latest TrackInsight data, while the majority of equity categories suffered outflows.
Bond ETFs were the beneficiaries as risk-off sentiment prevailed once again last month, with the Developed Investment Grade Bonds ETF category attracting more than €10bn of inflows during the month. Developed Government Bonds and Developed High Yield Bonds were also in the black, taking in €3.6bn and €1.9bn respectively. Meanwhile, US Large Cap Stocks were the least favoured, with outflows mounting to €4.4bn. This comes after a bumper month for the asset category in September, when it attracted more than €18bn worth of inflows. Small Cap Stocks ETFs were also in the red with outflo...
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