FYI: Exchange traded funds linked to bond markets are marching inexorably towards the $1tn mark for assets under management, a key milestone in the development of fixed income ETFs.
Despite this growth, fixed income ETFs currently account for a tiny share — less than 1 per cent — of the value of outstanding bonds globally. They remain untried instruments for many investors. Adoption rates, however, are rising rapidly. Greenwich Associates, the consultancy, surveyed a sample of US institutional investors in late 2018 and found that 60 per cent used bond ETFs, up from 20 per cent as recently in 2017.
Regards,
Ted
https://www.ft.com/content/a51c1b6c-3eab-11e9-9499-290979c9807a
