| 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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