US Equity ETFs Continued to See Sharp Outflows
The uncertainty created by the US-China trade war continues to impact ETF inflows. According to FactSet, investors withdrew $3 billion out of US-listed ETFs last week, which takes the inflows down to $57.8 billion YTD (year-to-date). US equity continued to witness huge outflows with net redemptions of $9.7 billion, which indicates investors’ unease about rising volatility in US stocks. In contrast, international equity had positive inflows at $155 million. US fixed-income ETFs were more popular among investors. US fixed-income ETFs saw an addition of $4. ...