ETF flows fall 28% in Q1 but bonds buck the trend

ETF inflows reached $99.1bn in the first quarter, a 28% drop from the $136.8bn registered during the same period last year, according to the FT. Lyxor saw the weakest quarterly sales of any ETF house with outflows of $3.1bn, following just $2.7bn of ETF inflows over the whole of 2018. Head of Lyxor's ETF business Arnaud Llinas attributed the decline to "significant outflows" from EuroStoxx 50 ETFs in addition to country-specific products in France, Italy and Spain. Meanwhile, State Street saw net outflows of $1.8bn, while BlackRock's iShares assets fell by 13% to $29.3bn. Finally, ...