EUROPE - The European exchange traded fund (ETF) market grew by over 6% in 2008 to reach a total assets under management (AuM) in excess of €91bn (US$118bn), according to Lyxor Asset Management.
Lyxor, the wholly owned subsidiary of Société Générale, said the European ETF market grew by 6.49% during 2008, while its own ETF platform increased by 7.56% to end the year with an AuM of €23.6bn....
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