Passive flows break all-time record as $111bn is added to equity ETPs

20% higher than previous record

Global flows into exchange-traded products (ETPs) broke all-time highs in November as $125.6bn was added across all asset classes, a figure 20% higher than the previous record set in January 2018.

The latest figures from iShares reveal that a "clear risk-on shift" last month led to the record figure as equity ETPs drew $111bn, which accounts for 32% of year-to-date flows into the asset class...