Bond ETFs Attracted Record U.S., Global Inflows in First Quarter
- BlackRock says the funds pulled in $43.7 billion worldwide
- Money shifted toward riskier assets as the quarter progressed
This article is for subscribers only.
Exchange-traded funds that invest in fixed income attracted record deposits in the first quarter.
Bond ETFs had inflows of $43.7 billion globally and $31.8 billion in the U.S. in the first three months of the year, according to a report Wednesday from BlackRock Inc. BlackRock’s iShares unit is the world’s leading provider of ETFs, funds that trade throughout the day like stocks.