Actively managed ETFs and similar products saw over $7 billion (€5.98 billion) of inflows in June, bringing the year-to-date net inflow figure to over $26 billion. This was nearly double the amount seen by the same time last year.
According to consultancy ETFGI, the “substantial” inflows in June can be attributed to the top 20 ETFs and ETPs, which collectively gathered over $6.4 billion.
One of those was the JPMorgan Ultra-Short Income ETF, which gathered $1.36 billion.
Bonds funds took in the lion’s share of new investment, with nearly $5 billion of inflows, while equity funds collected $1.9 billion.
Actively managed fixed Income products account for 67% of overall assets followed by 27% in equity products.
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