Under the backdrop of various macro-economic challenges in 2011, the global Exchange Traded Products industry grew 2.9% in the year, ending with $1.53tn in assets under management, according to BlackRock. While growth was lower than in recent years, the difference was primarily driven by unfavorable market return which has historically been a strong contributor to industry asset growth. The United…
Have a confidential tip? Get in touch [email protected]