GLOBAL - Total exchange traded fund (ETF) assets under management (AuM) fell in 2008, although trading volumes and products rose, according to Barclays Global Investors (BGI).
It said during 2008, the total AuM of ETFs fell 10.8% to $711bn, although this was a far less severe decline than the 42% drop seen on the MSCI World index. Given the extreme volatility of the ...
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