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U.S.-based stock ETFs attract $14.6 bln of inflows, largest since June: Lipper
NEW YORK (Reuters) - U.S.-based stock ETFs attracted $14.6 billion of inflows in the week ended Wednesday, their 10th consecutive week of inflows and the largest since June, illustrating investors’ appetite for low-cost exposure to record-high stock markets.
Risk appetite was also reflected in high-quality bonds. U.S.-based investment-grade corporate bond funds attracted $622 million of inflows in the week ended Wednesday, their 12th straight week of inflows, according to Lipper data.
Reporting by Jennifer Ablan; Editing by James Dalgleish
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