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Global ETF industry grabs record cash in 2015: BlackRock
BlackRock said its own haul of $130 billion in new money also set a record in global flows for its iShares ETF business, surpassing the previous annual record set in 2014, when investors added $103 billion in new money to the funds.
ETFs, generally a basket of stocks, bonds or other assets, grew at a record rate despite markets struggling in 2015 to deliver the broad gains they have posted since rebounding from the financial crisis in 2009. Global ETF assets now total about $3 trillion.
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EU fruit growers look to U.S. market to offset Russian sanctions
left2 of 2rightA French farm worker harvests apples in a 8 hectare apple orchard at the Verger d'Epinoy near Cambrai, northern France in this September 3, 2014 file photo. REUTERS/PASCAL ROSSIGNOLleft1 of 2rightleft2 of 2rightleft1 of 2rightEuropean fruit growers could be able to export apples and pears to the United States later this year, the EU executive said on Saturday, following the publication of new U.S. rules.European Union producers, hit by Russian sanctions against them are keen for new markets.A joint statement by the EU health, trade and agricultural commissioners welcomed ... [Read more]Connect with us
