The total assets under management (AUM) of ETF Securities USA’s U.S.-listed products have surpassed $4.7 billion. The figure represents 15 percent of the firm’s new total of nearly $31 billion in AUM worldwide as at the end of August.
The firm’s Physical Platinum Shares has become the world’s largest physically backed platinum exchange-traded product with $886 million in AUM as on August 31. At present, the firm has seven listed products in the U.S., including the ETFS Physical Swiss Gold Shares, the ETFS Physical Silver Shares and the ETFS Physical Platinum Shares.
Click here for the release from ETF Securities.