In a year in which investors keep hunting for yield, fixed income exchange traded funds keep wracking up the milestones. As has been frequently noted in this space, four of this year's top 10 ETFs in terms of new assets added are bond funds, but the hits don't end there.
According to fresh data from BlackRock Inc. (NYSE: BLK), the world's largest asset manager, and parent company of iShares, the world's biggest ETF issuer, bond ETFs around the world now have $600 billion in assets under management.
While Vanguard seemingly gets all the press among ETF issuers when it comes to adding new assets, iShares is dominant force on the fixed income front. Of the nearly $23 billion added to global bond ETFs during the second quarter, iShares captured $11.9 billion of ...
/www.benzinga.com/analyst-ratings/analyst-color/16/07/8206269/another-milestone-for-bond-etfs alt=Another Milestone For Bond ETFs>Full story available on Benzinga.com
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