ETFs Drive Growth in Leveraged Loan Fund AUM Amid Shifting Lending Rate Outlook
Leveraged loan fund assets under management increased by $1.3 billion in May, with ETFs contributing the majority of the growth at $1 billion. This follows eight months of declines and a challenging Q1 that saw cumulative outflows of $9.5 billion. The market remains cautious due to sector-specific issues like software loans declining sharply amid AI disruption concerns.
Tickers: $MORN
Topics: AUM growth ETFs Fed rate expectations leveraged loans