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May proves to be a record setting month for fixed income ETPs

Economic uncertainty in Europe and China sparked a flight to safety that yielded a record setting month for fixed income ETPs, with the product attracting US$11bn in net flows, compared with US$9.1bn for the previous record month in January 2012, according to the latest data from BlackRock. In total, the global ETP industry gathered US$19.2bn in May. Year-to-date inflows of…

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