31.01.2011 - ETFs shrug off crisis with 30pct growth in assets
From Efinancialnews.com: Exchange-traded funds have shrugged off the financial crisis and grown by 30% to $1.5 trillion last year – and are forecast to hit $2 trillion in 2012. Deborah Fuhr, BlackRock’s top-rated analyst of ETFs, has forecast the value will rise thanks to demand and new issues. This would represent a rise of 34% from the $1.48 trillion in issue across the world at the start of 2011, according to her research document published this week. Five years ago the industry was worth $430m...........................................Full Article: Source
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