Global ETP flows surge in March

Reached $62.1bn

Global ETPs have enjoyed strong inflows in March, with $62.1bn added to the space, compared to the $23.3bn added in February.

BlackRock's Global ETP Flows report found Q1 ETP net inflows totalled $148.5bn as sectors across the board recorded strong increases. Fixed income flows reached $38bn last month, their highest level since October, while equity flows jumped to $24.3b more than doubling the $9.4bn raised in February. Thematic ETF inflows move beyond clean energy in quest for green transition In fixed income, defensive positions provided the biggest boost for the sector, with rates ETPs recording their best month on record as $33.2bn flowed into the asset class. Within these, $28.6bn went to US...