Weak ETF Inflows Last Week
There wasn’t much activity on the ETF front last week amid a flurry of corporate earnings. FactSet data indicated that inflows into US-listed ETFs amounted to $972 million, which brought the inflows to $81.5 billion YTD (year-to-date). US equity (JPM) (MS) (C) saw outflows of $3.2 billion, while international equity had inflows of $1.8 billion. US fixed-income ETFs added $2.6 billion, while international fixed-income had net redemptions of $168.5 million.