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iShares grows Asian private banking ETF assets by US$600 million

ETF assets invested at private banks in Asia grew by US$600 million in 2018 for iShares, driven by continued growth in discretionary portfolio management (DPM) businesses and the emergence of passive fixed income exposure. DPM growth drives ETF growth Overall, iShares closed 2018 with around US$118 billion in APAC, with private banks — primarily in Hong Kong and Singapore —…

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