MFOHome About Commentary Discussions Funds The Best Resources Support Us!

Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Sign In Register

Categories

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Investors Rushed To Into Asia ETFs Amid The Trump-Kim Meeting

TedTed
in The Bullpen
FYI: At the surface, the much anticipated meeting between U.S. President Donald Trump and North Korean leader Kim Jong Un seemed to be a big nothing for markets.

But behind the scenes, traders were scurrying to move money amid the geopolitical noise, sending flows to some Asia exchange-traded funds. Volumes for U.S.-listed ETFs on Monday were almost 20 percent below their daily average over the past 20 days, according to an analysis by Josh Lukeman of Credit Suisse Group AG.
Regards,
Ted
https://www.bloomberg.com/news/articles/2018-06-12/investors-rush-to-asia-funds-amid-trump-kim-meeting-etf-watch?srnd=etfcenter
Sign In or Register to comment.