FYI: .High-grade ETF outflows pale in significance to broader market
.ETFs have boomed over the years but holdings are modest: BofA
Investors fearful that a torrent of outflows from corporate bond ETFs presages a world of pain for the asset class, take solace: it’s just a drop in the ocean.
Research from Bank of America Corp. suggests high-grade credit continues to swim in a pool of liquidity, with record redemptions from exchange-traded funds of late belying enduring appetite for company debt among retail and institutional money managers.
Regards,
Ted
https://www.bloomberg.com/news/articles/2018-02-19/never-fear-the-etf-taper-credit-funds-have-bigger-ballast
