The size of the global exchange-traded products (ETP) industry has exceeded the “milestone figure” of $2 trillion (€1.5 trillion), according to BlackRock.
BlackRock, which owns the iShares exchange-traded fund (ETF) business, said momentum from last year had carried over into January with the $2 trillion hit on 18 January.
2012 was a record-breaking year for flows. ETPs attracted $262.7 billion in assets globally and growing by 27% compared with the end of 2011.
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