Volatility will be ‘lower for longer’ – Blackrock
‘Lower for longer’ has become the typical characterisation of central banks’ interest rate policy. But it could also be applied to volatility, believes Blackrock.
‘Lower for longer’ has become the typical characterisation of central banks’ interest rate policy. But it could also be applied to volatility, believes Blackrock.
The French asset manager Amundi has attracted most net inflows from European investors year-to-date, narrowly beating Blackrock into second place. A resurgent Pimco saw the biggest amount of flows into active funds, according to Morningstar data.
Record inflows in May powered total assets invested in ETFs across the $4trn mark. And Europe is picking up the pace.
Chinese companies account for only a tiny percentage of ESG-filtered emerging market ETFs, even though China is 26.5% of the MSCI EM Index.
European-domiciled ETFs saw $11.1bn in net inflows in March, according to Blackrock. That’s an all-time record for the month. ETF investors in other parts of the world also joined the party in great numbers.
Emerging market debt has seen a lot of inflows from European investors of late even though spreads have compressed considerably. Is this a sign you should look for the exit now, or is the long-term story for the asset class still intact?
BlackRock has revealed a major shake-up of its US active equity platform including job cuts and a reorganisation of funds.
NN Investment Partners has increased its exposure to peripheral Eurozone government bonds to neutral after anti-EU populists failed to make significant inroads in last week’s Dutch elections.
European small and midcap ETFs saw higher net inflows in February than their large cap equivalents, according to Blackrock data. Investors’ love for small caps coincides with an increasing appetite for cyclical assets.
BlackRock has launched a sustainable ETF with exposure to Japan. It’s an addition to a range of ETFs the asset manager has launched recently.
The largest ETF available to European investors has passed the $20bn mark in assets under administration. It benefited from an increase in inflows following Donald Trump’s election to the US presidency.
European investors have turned positive on emerging market debt again in January after two months of net outflows, reports Blackrock.