(Reuters) Fixed income products attracted $132 billion of net inflows in the third quarter, the latest data from research provider eVestment showed on Tuesday.
Although there has been talk of a “great rotation” out of deflation plays such as bonds and into assets expected to do well as inflation rises, investors continued to dump equities in the third quarter, withdrawing a net $116 billion, eVestment’s data showed.
The firm, which tracks more than $37 trillion in institutional money globally, aggregates data reported to it by asset managers overseeing money for pension funds, insurers, sovereign wealth funds and foundations.
