Global Bond ETF Industry to Triple to $5 Trillion by 2030: BlackRock

Global Bond ETF Industry to Triple to $5 Trillion by 2030: BlackRock
A sign for BlackRock Inc hangs above the company's building in New York, on July 16, 2018. Lucas Jackson/Reuters
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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”.