April global capital haven: gold and Corporate Bond ETF

category:Finance
 April global capital haven: gold and Corporate Bond ETF


Rory Tobin, head of State Street Global Advisors global ETF, said investors took defensive measures to increase their positions in gold because of concerns about the outbreak.

However, with the decrease of new infections and the loosening of epidemic control measures in various countries, many investors increased their positions in risk assets through ETFs at the time of stock market rebound. According to etfgi data, in April, the global ETF added $57.8 billion in capital inflows, bringing the cumulative capital inflows in the first four months to $177 billion, an increase of 22% over the same period last year. In April, ETF inflows of corporate bonds reached $27 billion, in sharp contrast to March. Ben Johnson, head of passive fund research at Morningstar, said the corporate bond market was favored in April when investors decided to buy ahead of time after seeing the Feds action. In late March, the New York Fed announced that it would begin buying qualified ETFs, including iShares high-grade corporate bonds and high-yield junk bonds, as part of its emergency lending program in early May. Source: Wall Street editor in charge: Wang Xiaowu NF

However, with the decrease of new infections and the loosening of epidemic control measures in various countries, many investors increased their positions in risk assets through ETFs at the time of stock market rebound.

According to etfgi data, in April, the global ETF added $57.8 billion in capital inflows, bringing the cumulative capital inflows in the first four months to $177 billion, an increase of 22% over the same period last year.

In April, ETF inflows of corporate bonds reached $27 billion, in sharp contrast to March. Ben Johnson, head of passive fund research at Morningstar, said the corporate bond market was favored in April when investors decided to buy ahead of time after seeing the Feds action.

In late March, the New York Fed announced that it would begin buying qualified ETFs, including iShares high-grade corporate bonds and high-yield junk bonds, as part of its emergency lending program in early May.