14.05.2012 - Australia: ETFs reach $5.4bln despite unstable market
The Australian Exchange Traded Fund market has edged towards an all time highest recorded value with funds under management reaching $5.4bn last month, according to BetaShares' April Australian ETF Review. According to the review, $7 million of new money flowed into Australian Exchange Traded Fund (ETF) market last month with a continuing trend being the gradual shift between competing products as investors conduct their due diligence and look for similar beta exposures at lower costs...............................................Full Article: Source
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