Institutional appetite grows for ETF products

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The global exchange-traded products (ETP) industry, which includes funds, notes, trusts, pools and partnerships, is worth $1.39 trillion annually, with growth in Asia-Pacific ETPs last year hitting 31%, which is slightly behind Europe but ahead of the US, according to Deutsche Bank. But the vast majority of exchange-traded funds (ETF) business takes place in Europe and the US, with Asia accounting for just 6% of worldwide assets under management. However, this does not tell the whole story, as

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