Investors flock to non-US ETFs in June, driven by concerns about US assets
Non-US stock ETFs had over $20 billion inflows in June, driven by global investors fleeing US markets. Trump’s policies weakened the US dollar, boosting non-US stocks. 45% of all flows went into non-US stocks, significantly higher than the 12-month average. Developed and emerging market funds saw high inflows, reflecting investor concerns about US assets due to tariffs and tax policies. Trump’s policies raise questions about US asset exceptionalism, pressuring Fed policymakers and prompting non-US central banks to offer stimulus.
Read more at Yahoo Finance: Investors piled into non-US ETFs at the second-fastest pace ever in June. These are the 2 types of funds they’re buying most.