| 18.06.2014 - BMO Sees ETF Assets Doubling on Market Growth, Hong Kong Entry |
| Bank of Montreal’s exchange-traded funds business, the second-largest in Canada, will double its assets to about C$30 billion ($28 billion) in five years as their lower fees draws an aging population, said Rajiv Silgardo, co-chief executive officer at BMO Global Asset Management Inc. “ETFs as a product still have lots of room to grow,” Silgardo said in an interview in Bloomberg’s Toronto bureau...............................................Full Article: Source |