Frank Sinatra said if you can make it here, you can make it anywhere, a phrase which London-based
ETF Securities will be banking on.
The UK company is hoping to match the success of its first US offerings, which have so far garnered over $1.3 billion, according to a
Reuters report. ETFS has four metal-backed ETFs trading in America, including its first, the
ETFS Physical Swiss Gold Shares, which launched in September 2009, and two platinum-back funds which debuted in January. Its
ETFS Physical Platinum Shares fund manages $521 million, while the
ETFS Physical Palladium Shares ETF is worth $270 million.
ETF Securities chairman
Graham Tuckwell told Reuters he is considering additional products for the US market.
"I always knew the U.S. market was a good one to be in," he told the wire service. Additional funds are "absolutely something we're thinking of."
The company manages about $17 billion in assets globally and has an array of commodity funds, backed not only in precious metals, but also in commodities such as cocoa, hogs and copper. 
Edited by:
Daniel Tovrov
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