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Schwab ETFs hit $10bln mark

Posted on 22 February 2013

Charles Schwab’s exchange traded funds business has reached the $10bn milestone for assets just three years after the US financial services provider launched its first ETF. Marie Chandoha, president of Charles Schwab Investment Management, said that crossing the $10 billion mark for assets in February was “just the beginning” for Schwab’s ETF business.
Schwab’s range of 15 equity and fixed income ETFs have made a strong start to the year with inflows of more than $1bn in the first few weeks of 2013…………………………………….Full Article: Source


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