Tags: bond | etf | blackrock | fund

Bond ETFs Cross $500 Billion Mark for the First Time: BlackRock

Image: Bond ETFs Cross $500 Billion Mark for the First Time: BlackRock
(Dollar Photo Club)

Saturday, 17 Oct 2015 11:27 AM

Assets in fixed-income exchange traded funds (ETFs) crossed the half-trillion dollar mark for the first time this week, BlackRock Inc said Friday, despite the looming threat of rising interest rates.

Bond ETFs listed around the world totaled $500.3 billion in assets under management by the close of trade on Thursday, according to BlackRock, the largest issuer of such funds, still only a fraction of the $100 trillion global debt market.

Most ETFs are held in funds listed and traded in the United States, where investors bought more than $43 billion in the year through September. Government debt funds and short-maturity bonds were particular favorites as they are relatively resilient in a rising interest-rate environment rise.

ETFs, which debuted in the United States in 2002, are increasingly used by both retail investors and institutions as a replacement for corporate bond and government-issued debt.

© 2017 Thomson/Reuters. All rights reserved.

   
1Like our page
2Share
StreetTalk
Assets in fixed-income exchange traded funds (ETFs) crossed the half-trillion dollar mark for the first time this week, BlackRock Inc said Friday, despite the looming threat of rising interest rates.
bond, etf, blackrock, fund
142
2015-27-17
Saturday, 17 Oct 2015 11:27 AM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved