Global exchange-traded product net flows were $70.1 billion in the first quarter of 2013, up 7% from the period a year ago, but down 9.7% from the previous quarter. Developed markets equity products saw the majority of net inflows with $60.5 billion, followed by fixed income with $11.6 billion. Emerging markets equity products saw only $4.6 billion in net flows during the quarter, while commodity products saw net outflows of $8.5 billion.