Investors seek high yield bond ETFs

A clear theme emerging from last week was increased interest in high yield bonds ETFs. Investors favoured the iShares Markit iBoxx Euro High Yield ETF, which has $160m in assets under management, and the iShares Barclays Capital Euro Aggregate Bond ETF, which saw $61m in creations, according to iShares. The iShares Markit iBoxx Euro Corporate Bond fund was also popular, with around $93m in creations. In total, the bonds market represented 55% of our creation orders, while ETFs tracking China represented around 25%. We also saw large inflows into ETFs providing BRIC exposure. iShare...