Assets in ETFs listed globally tracking Chinese benchmarks surpassed $32bn at the end of 2009, according to research by BlackRock.
The firm's China ETFs Industry Review says assets in these funds grew from $15.9bn in 2008, showing assets in ETFs providing exposure to China have more than doubled in a year. iShares is the leading provider, with 11 China ETFs, 22 listings and $18bn in assets under management (AUM) as of December 2009. The issuer is followed by China Asset Management, with two ETFs, two listings and $3.8bn in AUM at the same date. However, the report shows iShares has lost 9.2% in AUM market share over the year period, while China Asset Management gained 3.6%. The top 10 new ETFs listed in 2009 i...
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