ETF flows have been subdued this week as investors await a decision from the G20 before deciding where to allocate their cash, according to iShares.
"Last week there was a big sentiment shift for clients wanting to re-risk their portfolios and move from safer securities into more yield seeking securities - clients were putting money back to work," says Alex Claringbull, fixed income portfolio manager at iShares. But despite a turn of events in Europe this week, investors have not rushed to re-allocate and flows have been low. "Over the past couple of days investors have been quiet considering the amount of headlines coming out of Europe. They are sitting still for a little while; we aren't seeing that much flow either way." Cow...
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