Fixed income ETFs garner record net $9.4bn inflows in January

According to figures by Invesco, last month saw strong demand for Euro-denominated assets, with Euro investment grade credit the strongest category, adding $4bn, followed by Euro government bonds, which attracted $2bn.  Paul Syms, head of EMEA ETF fixed income product management at Invesco, said that investors broadly favoured USD-denominated bonds last year to avoid the Russia-Ukraine conflict and the impact of higher energy prices on the eurozone economy.  However, he noted they are now returning to Euro-denominated bonds, particularly investment grade credit where spreads are tradi...