ETPs surpass US$1 trillion dollar mark in 2009

The assets held in US and European exchange-traded products (ETPs) surpassed the trillion dollar mark last year, according to research from Deutsche Bank and Blackrock. Deutsche expects the ETP market to rise again this year, to hit US$1.2 trillion, or in the event of a continuing bullish equity market, possibly hitting $1.4 trillion, according to the bank. Blackrock reported that combined volumes of ETFs and ETPs reached 2,508 products, with assets of $1.137 trillion from 129 providers on 42