Gold is on a record bull run, up from $328 in 2002 to $1,375 an ounce today. What caused that steep rise wasn’t any inherent increase in gold’s value to society, but a clever marketing scheme that allowed it to be traded easil…
The indexed-based funds continue to see inflows increase even as other asset classes have seen investors pull back contributions in the face of market volatility. Laura Morrison, head of U.S. ETF trading and listings at NYSE Euronext says hitting this mark in 2010 bodes well for the industry going into next year.
Continue reading U.S. ETFs Break the $1 Trillion Milestone
U.S. ETFs Break the $1 Trillion Milestone originally appeared on DailyFinance on Fri, 17 Dec 2010 17:50:00.
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