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Friday, December 28, 2012

Exchange-Traded Products Beat 2008

News summary by MFWire's editors

Stop me if you've heard this before: exchange-traded products are continuing to grow in popularity.

According to a Bloomberg article, a record $183.3 billion was invested in ETPs this year, bringing the industry's total assets to $1.34 trillion. The previous high year for ETP investments was $175.6 million in 2008.

Reporter Christopher Condon also details some of the new products launched this year, discussing fund firms including BlackRock and Pimco.

For some more details on the record ETP year, check out the original article

Edited by: Ben Geier


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