Paul Burgin charts the main events of 2010, including the flash crash, a rush to gold and the emergence of new fund structures
Assets soar The ETF industry started 2010 in good cheer. BlackRock reported global industry assets passing the $1trn barrier as the year got under way. Growth in 2010 is likely to be lower than the 45.2% increase posted in 2009. Latest figures point to a 19.6% year-to-date rise to the end of October. BlackRock also reported global average daily trading volumes up by one fifth at $60bn. Asia ex-Japan and Latin American exchange volumes rose even faster, as investors latched onto the emerging market theme. iShares remains the clear winner in assets under management (AUM). In April the...
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