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gold investing

ETF Securities Passes $2.5 Billion in US Assets Under Management

Written by Investing News Network
|
Nov. 09, 2010 04:17PM PST

Businesswire reports that ETF Securities USA LLC (ETFS) announces that the total assets under management of its five products.

Businesswire reports that ETF Securities USA LLC (ETFS) announces that the total assets under management of its five products.

The market news is quoted as saying:

Commenting on this milestone for ETF Securities in the US, William Rhind, Strategic Director, Business Development, US commented: “Reaching $2.5 billion is another strategic milestone for ETF Securities in the US market. We are especially pleased with the market response to GLTR, which holds all four precious metals in one fund. ETF Securities is committed to becoming the leading provider of commodity ETFs in the US. We will continue to develop innovative new products to meet the growing demand from investors seeking new commodity solutions.”

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