Has Investor Interest in Credit Peaked?

| Multi Asset

2020 was a record year for ETF inflows across most asset classes, and this year has begun on the same note. Fixed income ETFs also enjoyed a stellar year last year but, as our chart shows, ETF inflows into both investment grade and high yield spaces have started to slow down markedly, suggesting sentiment and positioning may be pulling back from extreme levels.

 

Has Investor Interest in Credit Peaked?
Source: Bloomberg, Unigestion. Data as at 22 February 2021.


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