The global exchange-traded product industry recorded its best Q1 on record amassing flows of $70.1 billion compared to the previous record of $65.5 billion set last year, according to Blackrock’s latest ETP Landscape Monthly Snapshot.
Equities accounted for $65.1 billion or 93% of flows as US indices reached peak historical levels. It was the third best quarter ever for equity flows behind only Q3 & Q4 2008 at the tail end of the global financial crisis.
Fixed income products gathered $11.6 billion in Q1, reaching eight consecutive quarters of inflows of at least $10bn as the longer term trend of greater adoption of fixed income ETPs continues.
