ETF Exchange, the third generation ETF platform of ETF Securities (ETFS), has seen assets under management reach over $275m, marking an 84% rise in the last two months.
The ETF provider says resource-equity related ETFs are among the best performing, with its Russell Global Coal Mining fund up 109% year to date. Trading volumes have hit over $100m a week at the start of the fourth quarter, which ETFS says has been bolstered by leveraged and short ETFs. Weekly turnover in two times short and two times leveraged equity ETFs has also increased four-fold since the end of the second quarter. Commodity based ETFs have risen substantially since the start of the year, achieving average growth of around 42% year to date. ETFS says high beta commodities hav...
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