LONDON—Assets under management held by global fixed income exchange traded funds are expected to triple to $5 trillion by 2030, according to the world’s largest asset manager, BlackRock.
BlackRock said it believes the global bond ETF industry is poised to reach $2 trillion in 2023, despite currently “challenging macroeconomic conditions”.
Bonds have come under pressure this year with government bond yields rising across major markets as hawkish central banks and surging inflation have upended a four-decade trend of falling interest rates.
Fixed income ETFs have proven to be a resilient investment tool during various market conditions, including near-zero interest rates, pandemic-related market stresses and inflationary pressures, BlackRock said….