Vanguard: “Across Europe, the industry continued to see fixed income led inflows, followed by equities. Other asset classes had muted flows over the last week.”…
Andreas Zingg, Head of Switzerland and Liechtenstein
“Vanguard’s UCITS ETF lineup saw moderate inflows over April, primarily driven by equity exposures. Within equities, our clients added investments across our FTSE 100, All-World and European equity products. In fixed income, flows improved as the month ended.
“The first quarter of 2020 proved to be one of the most volatile periods on record for financial markets. Looking ahead, we see a considerable number of opportunities from a valuation standpoint across credit as spreads have rapidly moved from historically expensive to historically cheap levels.”