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ETFs set record in 2015

The overall exchange-traded funds (ETF) industry expanded at a record-breaking US$347 billion last year, BlackRock noted today, despite weak equity markets. “Across the Asia Pacific region, every type of institution increased usage of iShares – insurers, sovereign wealth funds, asset and wealth managers,” said Susan Chan, head of Asia Pacific iShares at BlackRock, referring to the firm’s ETF division. She…

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