Clearstream’s ETF Business Rises to All-Time High in May

[kreslik.news]

Post-trade services provider Clearstream has reported its latest tranche of volumes detailing its assets under custody. Amongst the latest figures, the group’s custody business has shown a groundswell of demand for exchange-traded-funds (ETFs), which managed to rise to over $334.2 billion (€300.0 billion) in May 2017.

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European ETF trading has seen a large uptick in volumes this year, a trend that has also unfolded globally. Last year, ETF assets climbed to an all-time high of $2.6 trillion, up 18 percent year-over-year from $2.2 billion in 2015, as measured by Broadridge’s Fund ... (read more)