iShares reports 23% growth in ETF assets on wrap platforms since RDR

iShares recorded assets of £1.05bn held on nine wrap platforms - 7IM, Ascentric, AXA Wealth Elevate, Fidelity FundsNetwork, Novia, Nucleus, Raymond James, Standard Life and Transact - as of the end of the September 2013, a growth of 23% compared with the end of 2012. A total of 27 platforms offer iShares' ETFs. Corporate bond ETFs were the most popular type of ETF during the third quarter, attracting inflows of £56m. Investment was focused on shorter duration funds such as the iShares £ Corporate Bond 1-5yr UCITS ETF, which provides exposure to sterling denominated corporate bonds ...