Despite volatility sparked by Russia’s invasion of Ukraine at the end of the month, global inflows into equity funds and exchange traded products increased in February to 99.6 billion dollars from 74.4 billion in January, BlackRock said on Thursday in a note to investors.
Fixed income products again saw a resumption of inflows, of 16 billion dollars, compared to net outflows in February.
European equity inflows fell during the month, according to BlackRock’s note, after building momentum over January and into the first week of the month prior to Russia’s invasion of Ukraine. European equities attracted 2.5 billion dollars worth of investments during February.
“The trend of US-listed European equity inflows outpacing EMEA-listed peers is reminiscent of what we saw in 2020.” it said.
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