ETF Securities gains $3.6m AUM
LONDON & NEW YORK – ETF Securities has gained $3.6 million in assets under managment (AUM) for its currency-linked collateralised exchange-traded notes since launch, as investors seek to use exchange-traded products to gain exposure to high-yielding currencies.
The London-based issuer launched 18 products on November 12, tracking Morgan Stanley’s MSFX Currency Indexes. Around 60% of the volume was traded in the Australian dollar, 20% in sterling while euro made up 12%. Morgan Stanley’s Long
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