Fixed income ETPs shine

BlackRock reports that fixed income ETPs were the marketplace's fastest growing asset category in 2011, with assets under management (AUM) increasing by 24.4% ($50.6bn), compared with the previous year. 2010. Global fixed income ETP assets now total $258bn. Global ETP assets totalled $1.525 trillion at year end, an increase of 2.9%. And US and German equity ETPs both drew particularly strong inflows over the course of 2011. BlackRock adds that while flows into equity and commodity categories were up and down throughout 2011, fixed income ETPs displayed "resilience, garnering new flow...