A very quiet week in ETF launch land brought just this one ETF from Invesco, the Invesco Global High Yield Corporate Bond ESG UCITS ETF, that manages to combine two key features of ETF demand over last year – ESG and high yield.
Invesco writes that bond funds captured nearly 40 per cent of all ETF net inflows during the year, while ETFs incorporating ESG considerations gathered 60 per cent of the overall market flows. Invesco believes both themes could continue into 2023 but with potentially greater demand for corporate bond exposures rather than the government bonds that dominated flows in 2022.
