BlackRock Global ETP Flows : A late flurry: flows into global ETPs inched higher in July, with $44.2B added, almost half of this coming in the last week of the month.<\/p>\n
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Si desea recibir las principales noticias de ETFWorld.es suscr\u00edbase a nuestros Newsletters gratuitos. Haga clic aqu\u00ed para suscribirse gratuitamente<\/strong><\/a><\/p>\n Global ETP Flows July 2022 \u00a0\u00a0\u00a0 Fixed income dominates: in contrast to June, fixed income accounted for the bulk of inflows ($32.5B), mostly due to a pickup in credit ETP buying.<\/strong><\/p>\n \u00a0\u00a0\u00a0 Cooling on commodities: July was the largest outflow month on record for commodity ETPs, with $11.2B of selling.<\/strong><\/p>\n A healthy defensive tilt<\/strong><\/p>\n A drop in equity flows to $17.0B can be largely attributed to a slowdown in US equity buying to $12.4B, down from $25.9B in June. EM equity flows were flat in July after inflows in June, and European equity outflows stayed steady (-$3.9B).<\/p>\n Sector selectivity continued to point to a defensive tilt in equity allocations. Healthcare \u2013 despite leading sector flows for three consecutive months (including $2.6B in July) \u2013 is still only the second-most popular sector this year, behind tech ($1.2B in July). The $18.1B added to tech and the $14.6B added to healthcare YTD are in stark contrast to energy, for example, which is now just $0.4B up on the year after peaking at just over $9B in March.<\/p>\n In July, despite a relatively solid earnings season for manufacturing-tilted sectors, energy (-$2.7B), industrials (-$0.7B), and materials (-$1.4B) all registered outflows for a third consecutive month. Financials sector ETPs, which have been sold since March, also lost $3.2B, although this was the lowest outflow month for the sector since March.<\/p>\n Back in credit<\/strong><\/p>\n Fixed income flows recovered to $32.5B in July, after June\u2019s blip ($3.2B), largely due to a pickup in credit buying ($13.8B). Investment grade (IG) and high yield (HY) recorded $9.9B and $3.9B of inflows, respectively, recouping the 9.9B lost from credit in June and continuing a trend of inconsistent flows this year.<\/p>\n While the majority of IG flows went into US IG ($7.7B), it was the highest inflow month for European-focused IG since April 2020, with $2.2B added. In HY, US-focused ETPs took a larger proportion of flows, with $3.7B of the total $3.9B.<\/p>\n Rates flows were relatively constant MoM ($17.3B) and inflation-linker flows turned negative (-$1.9B). Rates ETPs have been by far the most popular fixed income exposure YTD, with $103.4B of inflows, well ahead of IG in second place ($19.2B).<\/p>\n Record outflows from commodities<\/strong><\/p>\n The $11.2B of outflows from commodity ETPs in July was not only the largest monthly outflow on record, it also marked a third consecutive month of selling for the first time since Feb-April 2021. The figure also surpasses the combined $9.7B of outflows across May and June 2022.<\/p>\n Alongside an increase in gold outflows (-$1.7B in June to -$4.3B in July), selling of broad commodity ETPs picked up significantly, from -$0.7B in June to -$4.2B in July. This also marked the largest outflow month on record for broad commodity focused ETPs.<\/p>\n Outflows from commodity ETPs were broad-based and split fairly evenly between listing regions, with $6.0B out of US-listed products and $5.5B out of EMEA-listed ETPs.<\/p>\n Sustainable flows soar<\/strong><\/p>\n Sustainable ETP flows soared in July, with $9.6B added in total, compared to $2.3B in June. EMEA-listed ETPs captured almost all of the buying ($9.2B), with US-listed sustainable flows coming in at just $0.3B. For EMEA-listed ETPs, July accounted for one third of inflows year-to-date, mostly thanks to a series of big trades in the last 10 days of the month that resulted in almost $6B of inflows.<\/p>\n Taking a closer look at the EMEA-listed flows, buying was diversified between exposures and between equity and fixed income. Overall, best-in-class products collected most of the flows ($4.9B), followed by ESG optimised exposures ($2.3B), and factor ESG strategies ($0.4B).<\/p>\n Equity flows, which accounted for $5.6B, were led by ESG optimised products ($2.3B), followed by ESG best in class ($1.7B), and factor ESG ($0.4B). In terms of geographic exposures, the majority of the flows were across US-focused products.<\/p>\n Fixed income flows accounted for $3.4B, with $3.1B of this going into best in class strategies, mostly in European exposures.<\/p>\n Fuente: ETFWorld<\/p>\n","protected":false},"excerpt":{"rendered":" BlackRock Global ETP Flows : A late flurry: flows into global ETPs inched higher in July, with $44.2B added, almost half of this coming in the last week of the month.<\/p>\n","protected":false},"author":4,"featured_media":17272,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"telegram_tosend":false,"telegram_tosend_message":"","telegram_tosend_target":0,"footnotes":"","_wpscp_schedule_draft_date":"","_wpscp_schedule_republish_date":"","_wpscppro_advance_schedule":false,"_wpscppro_advance_schedule_date":"","_wpscppro_dont_share_socialmedia":false,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"","_twitter_share_type":"","_linkedin_share_type":"","_pinterest_share_type":"","_linkedin_share_type_page":"","_instagram_share_type":"","_medium_share_type":"","_threads_share_type":"","_google_business_share_type":"","_selected_social_profile":[],"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[100],"tags":[86,162,85],"class_list":["post-18696","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analisis-mensual-etf-en","tag-blackrock","tag-blackrock-etp-landscape","tag-etp"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"featured_image_urls_v2":{"full":["https:\/\/www.etfworld.com\/es\/wp-content\/uploads\/2022\/02\/BlackRock-ETP-Flows.jpg",750,563,false],"thumbnail":["https:\/\/www.etfworld.com\/es\/wp-content\/uploads\/2022\/02\/BlackRock-ETP-Flows-150x150.jpg",150,150,true],"medium":["https:\/\/www.etfworld.com\/es\/wp-content\/uploads\/2022\/02\/BlackRock-ETP-Flows-300x225.jpg",300,225,true],"medium_large":["https:\/\/www.etfworld.com\/es\/wp-content\/uploads\/2022\/02\/BlackRock-ETP-Flows.jpg",750,563,false],"large":["https:\/\/www.etfworld.com\/es\/wp-content\/uploads\/2022\/02\/BlackRock-ETP-Flows.jpg",750,563,false],"1536x1536":["https:\/\/www.etfworld.com\/es\/wp-content\/uploads\/2022\/02\/BlackRock-ETP-Flows.jpg",750,563,false],"2048x2048":["https:\/\/www.etfworld.com\/es\/wp-content\/uploads\/2022\/02\/BlackRock-ETP-Flows.jpg",750,563,false],"ultp_layout_landscape_large":["https:\/\/www.etfworld.com\/es\/wp-content\/uploads\/2022\/02\/BlackRock-ETP-Flows.jpg",750,563,false],"ultp_layout_landscape":["https:\/\/www.etfworld.com\/es\/wp-content\/uploads\/2022\/02\/BlackRock-ETP-Flows.jpg",750,563,false],"ultp_layout_portrait":["https:\/\/www.etfworld.com\/es\/wp-content\/uploads\/2022\/02\/BlackRock-ETP-Flows-600x563.jpg",600,563,true],"ultp_layout_square":["https:\/\/www.etfworld.com\/es\/wp-content\/uploads\/2022\/02\/BlackRock-ETP-Flows-600x563.jpg",600,563,true],"mailpoet_newsletter_max":["https:\/\/www.etfworld.com\/es\/wp-content\/uploads\/2022\/02\/BlackRock-ETP-Flows.jpg",750,563,false]},"post_excerpt_stackable_v2":" BlackRock Global ETP Flows : A late flurry: flows into global ETPs inched higher in July, with $44.2B added, almost half of this coming in the last week of the month. Si desea recibir las principales noticias de ETFWorld.es suscr\u00edbase a nuestros Newsletters gratuitos. Haga clic aqu\u00ed para suscribirse gratuitamente Global ETP Flows July 2022 \u00a0\u00a0\u00a0 Fixed income dominates: in contrast to June, fixed income accounted for the bulk of inflows ($32.5B), mostly due to a pickup in credit ETP buying. \u00a0\u00a0\u00a0 Cooling on commodities: July was the largest outflow month on record for commodity ETPs, with $11.2B of selling.…<\/p>\n","category_list_v2":"An\u00e1lisis Mensual ETF (EN)<\/a>","author_info_v2":{"name":"Equipo Editorial","url":"https:\/\/www.etfworld.com\/es\/author\/equipo-editorial\/"},"comments_num_v2":"0 comentarios","_links":{"self":[{"href":"https:\/\/www.etfworld.com\/es\/wp-json\/wp\/v2\/posts\/18696","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.etfworld.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etfworld.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/es\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/es\/wp-json\/wp\/v2\/comments?post=18696"}],"version-history":[{"count":1,"href":"https:\/\/www.etfworld.com\/es\/wp-json\/wp\/v2\/posts\/18696\/revisions"}],"predecessor-version":[{"id":18697,"href":"https:\/\/www.etfworld.com\/es\/wp-json\/wp\/v2\/posts\/18696\/revisions\/18697"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/es\/wp-json\/wp\/v2\/media\/17272"}],"wp:attachment":[{"href":"https:\/\/www.etfworld.com\/es\/wp-json\/wp\/v2\/media?parent=18696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etfworld.com\/es\/wp-json\/wp\/v2\/categories?post=18696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etfworld.com\/es\/wp-json\/wp\/v2\/tags?post=18696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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