{"id":54550,"date":"2023-08-11T16:03:47","date_gmt":"2023-08-11T15:03:47","guid":{"rendered":"https:\/\/www.etfworld.com\/nl\/?p=54550"},"modified":"2023-08-21T16:19:24","modified_gmt":"2023-08-21T15:19:24","slug":"blackrock-global-etp-flows-july-2023","status":"publish","type":"post","link":"https:\/\/www.etfworld.com\/nl\/blackrock-global-etp-flows-july-2023\/","title":{"rendered":"BlackRock Global ETP Flows July 2023"},"content":{"rendered":"
BlackRock Global ETP Flows<\/strong> : Flows moderate: flows into global ETPs moderated slightly in July to $88.1B, down from $99.8B in June, largely due to a slight drop off in equity buying.<\/h5>\n

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BlackRock Global ETP Flows July 2023
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Laura Cooper, Senior Investment Strategist of iShares EMEA at BlackRock<\/strong><\/p>\n

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Fixed income buying rises:<\/strong> equity flows fell from $76.9B in June to $59.7B in July, while fixed income buying rose slightly to $30.9B and commodity flows remained in negative territory, with a further $3.6B of selling.<\/p>\n

A selective approach:<\/strong> precision exposures were at the fore in July, with a broad rise in sector ETP buying amid Q2 earnings season, and India ETP flows hitting their second-highest level on record.<\/p>\n

US leads the way in equities<\/strong><\/p>\n

Despite the drop from June, July still represented the second-highest inflow month this year for equity ETPs, against a backdrop of reduced equity allocations so far in 2023. As with June, US equity flows drove most of the buying ($38.6B), while emerging market (EM) equity flows stayed relatively stable ($11.1B), and Japanese equity buying fell from $7.8B to $2.6B.<\/p>\n

International investors have started to meaningfully sell European equity ETPs over the summer. The exposure saw a fourth consecutive month of outflows, but the pace of selling slowed MoM to -$2.2B. US-listed European equities lost a further $0.9B in July.<\/p>\n

Sector positioning in European equities has also shown signs of shifting. Outflows from European financials continued in July (-$0.3B), following the $0.7B out in June. We have seen positioning come off in European tech (-$0.2B) and healthcare (-$0.1B), while European materials notched a second consecutive month of inflows, with $0.1B added in July.<\/p>\n

Credit on the cards<\/strong><\/p>\n

In fixed income, simultaneous inflows into investment grade (IG, $5.1B) and high yield (HY, $2.2B) ETPs continued for a second consecutive month in July, the first time this has happened since October-November 2022. In June, flows into IG were relatively equally split flows between listing regions, and this continued for EMEA and US-listed IG ETPs in July, with $1.8B apiece.<\/p>\n

For HY, the trend was similar, with $0.8B into both EMEA and US-listed HY ETPs. US allocations were slightly down MoM, however, meaning that EMEA-listed ETPs accounted for a greater proportion of HY flows in July than in June.<\/p>\n

Source: ETFWorld.co.uk<\/p>\n","protected":false},"excerpt":{"rendered":"

BlackRock Global ETP Flows : Flows moderate: flows into global ETPs moderated slightly in July to $88.1B, down from $99.8B in June, largely due to a slight drop off in equity buying.<\/p>\n","protected":false},"author":4,"featured_media":52857,"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":[231],"tags":[407,196],"class_list":["post-54550","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-maandelijkse-etf-analyse","tag-blackrock-global-etp-flows","tag-etp"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"_links":{"self":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/54550","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/comments?post=54550"}],"version-history":[{"count":1,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/54550\/revisions"}],"predecessor-version":[{"id":54551,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/54550\/revisions\/54551"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/media\/52857"}],"wp:attachment":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/media?parent=54550"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/categories?post=54550"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/tags?post=54550"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}