Global ETF demand shrivels amid doused Fed rate-cut hopes
April data show 'muted' sentiment among investors, with equity ETF flows declining and fixed income maintaining strength.
Investor appetite for ETFs shrank dramatically in April, with global ETF flows falling to $68.5 billion from $126.5 billion in March, according to BlackRock data.
That came as diminished prospects of near-term US interest rate cuts spurred a broad risk aversion led to a significant drop in equity
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