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ETF global assets hit record $2.64 trillion in Q2Flows into exchange-traded funds (ETF) and exchange-traded product, (ETPs) listed globally hit a new record high of $2.64 trillion in assets, said a report. The ETF is an investment fund traded on stock exchanges, much like stocks, whil More… |
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Global Islamic banking assets ‘set to top $1.7trn’Global Islamic banking assets with commercial banks are expected to reach $1.72 trillion in 2013, as against $1.54 trillion last year, marking a growth of 11.68 per cent, a report said. Six rapid-growth markets including Qatar, In More… |
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DIFC investment unit to cut global assetsDubai International Financial Centre's (DIFC) investment unit plans to cut its exposure to world markets to 30 per cent from 50 per cent to mainly shore up its domestic market, said a report. DIFC Investments will mainly raise its More… |
