Source ETP assets surpass $6bn

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Exchange-traded product provider Source has seen total assets under management (AUM) in its ETFs and exchange-traded commodities surpass $6bn.

The fourteen month-old provider says this marks an 86% increase in total AUM since the beginning of the year, due to large inflows into the firm's emerging markets and Eurostoxx 50 ETFs, as well as the Source Physical Gold P-ETC. The Eurostoxx 50 Source ETF has garnered over €575m since the beginning of June, boosting its total AUM to over one billion euros. This marks a 150% increase in assets since the beginning of the year. The product issuer's emerging markets ETFs saw significant growth in assets since May, with the MSCI Emerging Markets Source ETF reaching $869m and the RDX Sour...

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