(Reuters 11-7-11) Total assets in U.S. ETF's fell by $15.4 billion or 1.4 percent while fixed income ETFs attracted $3.3 billion in the same month and $16.3 billion during the first half of 2011, the report showed.
May had the first month of outflows since August 2010.
ETF flows topped $8 billion in June, with the Large Cap category experiencing the most inflows, drawing $3.8 billion, and small growth category seeing $1.3 billion in outflows.
After falling 6.9 percent in May, commodities gave back another 5.3 percent in June. International developed and emerging markets declined 1.2 percent and 1.5 percent, respectively.
Domestic large cap, mid cap and small cap markets all slipped around 2 percent, while the U.S. Aggregate, the U.S. Treasury, and the U.S. corporate bond markets each fell roughly 0.5 percent, State Street said.
Rebuked by Bond Market, Bessent Says ‘House’ Does Not Always Win
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The Treasury secretary said in an interview with Axios that he cannot
control the Treasury market but argued that U.S. bond yields would come
back down ove...
2 ore fa
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