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Asian institutions fuel ETF asset growth to $104 billion

Yvonne Chan
Exchange-traded fund assets in Asia have grown 20% in the past three quarters, to the detriment of mutual funds, says State Street.
Asian institutions fuel ETF asset growth to $104 billion

Exchange-traded fund (ETF) assets in Asia have grown 20% to $104.1 billion in the first three quarters of 2011, with the market expected to double over the next four to five years, according to State Street Global Advisors (SSgA) data.

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