UBS tops ETF growth leaderboard

Data from Blackrock's ETF research and implementation strategy group shows UBS' assets have increased 64.3%, or $4.2bn, in the first four months of this year. This compares to a year-to-date asset growth of 15.5% across the European ETF industry. This recent performance has propelled the firm from its position as tenth placed ETP issuer at the end of 2010 to become the sixth largest in Europe, leapfrogging providers such as Amundi ETF and Commerzbank. BlackRock's most recent figures show growth across smaller ETP businesses is consistently outpacing that of their bigger rivals. Among ...